JP Morgan

BNP Paribas’s drive to strengthen its EMEA equity capital markets business under Andreas Bernstorff, who took over as its head in January, has taken another step with what should be two important hires, while two managing directors are leaving the team.

With a dearth of emerging market bond supply defining the start of the week, it was left to high yield issuers to provide something for EM investors to get their teeth into as United Group, a cable operator in Eastern Europe, became one of five HY mandate announcements announcements on Monday.

Road King Infrastructure is hoping to revive the spin-off and IPO of its toll road subsidiary in the fourth quarter of this year.

A special purpose vehicle under India’s Greenko Energy Holdings is ready to market a dollar green bond, while Hong Kong’s Castle Peak Power Company is looking to sell what it is calling an energy transition bond.

The up to €292m IPO of DoBank, the Italian non-performing loan manager, will close a day earlier than initially planned, according to a regulatory filing on Friday morning.

The engines of sterling high yield issuance sound louder every week, with luxury carmaker McLaren and RAC Insurance adding supply to the already burgeoning sterling high yield bond market.

Leveraged loan investors have recently started to win victories on deal terms, but on Thursday French engineering firm Socotec brought confirmation that market conditions are still in favour of borrowers. However, another of this week’s deals underlined the fact that investors can sometimes succeed in getting better terms.

Fixed income dollar accounts will soon have the opportunity to buy new names from China’s financial sector and southeast Asia's coal mining industry, with three debut issuers set to roadshow in Asia, Europe and the US next week.

In one of the liveliest weeks for Polish IPOs for years, Raiffeisen Polska’s flotation was pulled, debt collector GetBack priced its listing at the bottom of the range, and Play Communications, the mobile phone company, achieved a covered book on the market’s biggest IPO for five years.

Italian toll road operator, Atlantia, was the only issuer in the euro corporate bond market on Thursday. The €1bn 10 year deal could be used to finance Atlantia’s proposed acquisition of its Spanish rival Abertis.

The IPO of Play Communications, Poland’s second largest mobile network operator, is covered at its base size, three working days into the bookbuild.

Annington Homes, the Terra Firma-owned group that owns the UK Ministry of Defence’s estate for accommodating service families, dazzled the corporate bond market with the second largest sterling issue by a company ever on Wednesday, despite the complexity of its financing story. Nigel Owen reports.