JP Morgan

Comcast got October off to a flyer after high-grade corporate dollar issuance slumped to its weakest level for four years in third quarter. However, aside from Comcast there were slim pickings in the high-grade market this week.

The International Finance Corp became the first issuer to launch a green Komodo bond — an offshore bond in Indonesian rupiah — on September 28. But the World Bank had the same idea: it launched a sustainability bond in rupiah the following week.

American real estate investment trust (REIT) WP Carey paid a significant premium when it sold its second euro deal of 2018 on Tuesday. Despite the lack of reverse Yankee issuance this year, investors needed some persuading to buy the 7.5 year deal.

IDB Invest, the private sector arm of the Inter-American Development Bank, made a rare visit to the market on Thursday against a backdrop of rapidly rising US Treasury yields. The turbulent backdrop looked to have little impact on the trade, however.

The State of California has bought $200m of short dated green bonds from the World Bank, the latest stage in a relationship that stretches back to the issuer’s first dollar green bond in 2009.

Eurotorg, the biggest supermarket group in Belarus, has announced its intention to float on the London Stock Exchange, paving the way for the first big international IPO of a Belarusian company.

India’s UPL Corp has launched a $3bn five year term loan into general syndication to support its acquisition of Arysta LifeScience.

IDB Invest is out with a no-grow $500m three year floating rate note after completing a series of investor meetings. The trade will come after Kommuninvest and NRW.Bank issued in that part of the curve over the last week.

The Brussels IPO of Shurgard Self Storage, the largest operator of self-storage facilities in Europe, is covered, less than three working days into the bookbuild.

Innovent Biologics is gauging investor appetite for an IPO in Hong Kong that could hit screens by mid-next week, according to a banker on the trade.

Osotspa’s Bt15.1bn ($465m) IPO in Thailand is heavily oversubscribed with pricing expected to come near the top of expectations.

Tencent Music Entertainment Group has started pre-deal investor education for one of the highest-profile IPOs by a Chinese firm in the US this year.