Goldman Sachs

Altice made a firm step towards adding to its European telecoms portfolio on Sunday, when Brazilian telco Oi accepted a raised €7.4bn offer from the French company for the Portuguese assets of Portugal Telecom.

Medtronic grabbed the record for the biggest high grade corporate bond issue of 2014 this week, as investors returned from their Thanksgiving breaks keen to put cash to work in one of the busiest weeks of the year.

Santos, the Australian upstream oil and gas company, has postponed its planned hybrid bond, after Opec’s decision to maintain production levels amid falling oil prices caused spreads to widen for energy companies.

Sentiment towards China property companies took a positive turn this month after the People’s Bank of China (PBoC) cut its benchmark lending rate. Dalian Wanda Commercial Properties is primed to take advantage of the optimism and will open books for its IPO of around $5.5bn next week. But while equity investors are expected to welcome Dalian with open arms, others may not be able to attract the same following, write Rashmi Kumar and John Loh.

Chinese property developers are making the most of the bullish sentiment following China’s recent interest rate cut, with Logan Property Holdings and Yuzhou Properties Company pricing bonds this week.

Another rash of block trades appeared in the European market this evening, though not as many as yesterday’s seven. The crop of four deals was led by a trade of €350m in Belgian nappy maker Ontex, where private equity groups TPG and Goldman Sachs are selling down after its IPO in June.

Siemens Audiology Solutions has enjoyed early commitments and well attended bank meetings in New York and London to market its €1.06bn loan and bond package to lenders.

China’s largest nuclear power producer, CGN Power, has priced its IPO at the top of its range to raise HK$24.5bn ($3.2bn), thanks to overwhelming demand from institutional and retail investors. But final allocations have proved a challenge, with some bankers complaining about the lack of transparency.

After many days in which bankers have wondered why more sellers were not bringing block trades to what are very strong equities markets, today a burst of deals hit the screens.

Heavy demand for Unitymedia's €785m bond issue on Tuesday turned it into a €1bn and $550m offer that still left some investors wanting more.

CGN Power has closed books a day earlier than scheduled after seeing massive oversubscription for its HK24.52bn ($3.16bn) IPO, with pricing now likely to be done overnight.

Chinese property developers are making the most of the bullish sentiment following the recent post-rate cut to price dollar bonds.