Goldman Sachs

The Asian Infrastructure Investment Bank and the New Development Bank made a big splash in the dollar market on Tuesday, despite facing worse volatility than expected as fears over the coronavirus pandemic grew.

The UK rode out renewed fears of the resurgent coronavirus pandemic on Tuesday, printing its second syndicated deal of the month with an order book over seven times covered.

Kingsoft Cloud Holdings has hit the market with a follow-on offering of new and existing American Depository Shares (ADS).

Goldman Sachs has named new global M&A bosses, with the incumbents moving to become chairs of the business.

Fresenius, the German healthcare company, pushed ahead with a €1bn dual tranche no-grow trade on Monday, despite an issuer in another sector pulling its deal as wider markets plummeted.

Following investor calls last week, the Asian Infrastructure Investment Bank and the New Development Bank hit screens on Monday to announce new dollar benchmark transactions, which will be used to support their member states in the fight against the coronavirus pandemic.

Ming Yuan Cloud Holdings has sealed its Hong Kong listing at the top of the marketed range, netting HK$6.2bn ($796.6m) following a strong turnout from sovereign wealth funds and long-only investors.

Delta Air Lines raised $6bn this week, joining the September stampede by companies to plug their bank accounts and lock in cheap funding.

Banks and insurance companies were falling over one another to issue green bonds this week, with deal arrangers seeing ESG labels as near infallible ways of bringing pricing through fair value, write Tyler Davies and David Freitas.

García and Gutman given new roles at Goldman — Mizuho hires in convertible bonds — Smida and Coudray handed coverage leadership at Natixis

The Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB), two new supranational borrowers focused on the emerging markets, are preparing to issue new dollar bonds to support their member states in the fight against the pandemic.

Amadeus IT group, the Spanish travel technology company, and German logistics company Kion Group offered corporate bond investors the chance to pick up riskier debt on Thursday, as the demand for higher yielding securities drives large parts of the primary market.