Goldman Sachs

Nordea burst into the additional tier one market on Tuesday with its debut deal, a dual tranche dollar print. The issuer was able to draw a multiple times subscribed order book despite securing the lowest coupon yet in the format.

Diageo, the UK alcoholic drinks group, was named by research firm CreditSights last week as one of the European consumer goods companies most exposed to risk from the Scottish independence referendum.

Dutch business publisher Bureau van Dijk has reached the deadline for commitments on its €845m loan, with small changes expected to the tranche sizes and perhaps pricing.

Nordea is set to sell its debut additional tier one print on Tuesday afternoon, just the second deal in the format to carry a pair of investment grade ratings. While some bankers away from the trade have suggested the deal came with overly generous initial price thoughts, the level is expected to tighten on Tuesday afternoon.

Goldman Sachs is set to price a $500m debt sukuk deal on Monday with at most a 5bp premium over its conventional curve.

China’s Alibaba Group has increased the price range of its New York IPO to $66-$68 after strong investor demand, as the company looks set to become the biggest US listing ever — and possibly the world’s largest IPO.

Alibaba Group’s jumbo $21.13bn New York IPO is fully covered one week into the bookbuilding process, with the company now looking to close the deal ahead of the scheduled date. It is also considering selling the shares at higher level.

UK clothing company FatFace has launched a £210m refinancing loan that it will use to extend its loan maturities, refinance debt and repay shareholder funds.

United Overseas Bank (UOB) made a return to the dollar market on Thursday, pricing a $500m 5.5 year issue. It was the Singaporean borrower’s first issue of dollar senior notes in more than two years and that fuelled investor appetite despite the presence of similar supply in the market.

German automotive engineering company Amtek has endured a torrid time since launching its €305m leveraged loan last July amid unkind markets.

Sovereign, supranational and agency borrowers this week enjoyed conditions that smacked of the exuberance of 2006 and 2007, but those issuers wanting to take advantage of supply-starved investors next week will have only a narrow window — as a Federal Open Market Committee meeting, a holiday in Japan and Scotland’s vote on independence will make opportunities for issuance few and far between.

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