JP Morgan

Genscript Biotech Corp, a leading life sciences service provider and drug developer, has raised HK$2.39bn ($304m) after upsizing a follow-on offering, according to a source close to the deal.

China-based VCredit Holdings, which provides online consumer finance, launched bookbuilding for its IPO on Tuesday, with proceeds of up to HK$1.58bn ($201m) in reach.

The UK government has resumed the reprivatisation of RBS, the British bank that was nationalised during the financial crisis, having launched a £2.6bn block trade.

African debut issuer Vivo Energy was the only borrower from CEEMEA to make an official mandate announcement this week after sustained weakness in global markets kept seven others on the sidelines, but EM bankers are not predicting sustained periods of stability will return.

Huifu Payment launched a HK$1.9bn ($244.1m) IPO in Hong Kong on Thursday, using Silicon Valley stalwarts Square and PayPal as benchmarks for valuations.

Equity investors swooped on a W1.32tr ($1.22bn) sell-down in Samsung Electronics on Wednesday. They took advantage of a share price slide just ahead of the launch of what was South Korea's largest accelerated bookbuild since 2011. Jonathan Breen reports.

GDS Holdings added some much-needed diversity to Asia’s equity-linked market with its first print in the format on Thursday, which proved a hit with investors.

African debut issuer Vivo Energy, the sole distributor of Shell products on the continent, is beginning to market a $400m bond this week.

A pair of Samsung Group insurers are looking to offload W1.33tr ($1.2bn) of shares in sister firm Samsung Electronics, poised to be South Korea’s largest overnight bookbuild since 2011.

Chinese used car e-commerce platform Uxin began investor education for a potential $500m Nasdaq IPO on Wednesday, said a banker on the deal.

JP Morgan has hired lifetime Macquarie Capital banker Jim Miller as vice-chairman of investment banking in Australia, according to a source familiar with the matter.

Bond market havoc following the Italian president’s decision to appoint a technocratic government has shut the euro market for most public sector borrowers. Volatile swap spreads are making issuance near impossible, while an “enormous” flattening in Italy’s curve is of particular concern for that sovereign, said one head of SSA syndicate.