JP Morgan

Turkey’s six year sovereign sukuk is expected to be priced flat, or even inside, its conventional curve for the first time following the asset class's inclusion in the JP Morgan indices, even as the country's president Recep Tayyip Erdoğan’s bid to consolidate power grabs the headlines.

Gates Global, the US power transmission belt maker, rescheduled commitments for a euro term loan add-on to Thursday, after increasing it by nearly €200m from around €275m. The move came in a week when JP Morgan analysts and others voiced concern about risks in the leveraged finance market.

ICBC Financial Leasing Co brought home $2bn from its latest dual tranche deal on Wednesday, hitting its regulatory cap and meeting its pricing goals.

Credit Bank of Moscow reopened the new style tier two market for Russian issuers in style on Wednesday with a $600m deal that was five times subscribed.

Gazprom went for size with its sterling market return on Wednesday, pricing the second largest deal ever in the currency from an emerging markets borrower.

CPPIB Capital is looking to step across the Atlantic into euros, selecting four banks to roadshow its euro debut. Elsewhere, the European Financial Stability Facility (EFSF) sent out its first request for proposals for the second quarter.

Shares in Neinor Homes, the Spanish home builder owned by Lone Star Funds, closed 3% above their IPO price on Wednesday after it made its debut in Madrid, in a show of investor confidence in the economic recovery in Spain.

Saipem, the Italian oil and gas engineering group, entered the high yield bond market on Wednesday, backed by a return to profit and rising oil prices, in a deal set to attract the company’s home crowd.

Credit Bank of Moscow was on track to print its first Basel III compliant deal and had taken books of $1.7bn by Wednesday morning.

Gazprom opened books on Wednesday morning on the first sterling-denominated bond from a Russian borrower since 2013.

Chatter about the 'Trump Dump' as investors lose confidence in US economic stimulus may be intensifying, but it has not produced the equity correction predicted, and capital markets in Europe are ploughing ahead, unfazed by the UK's triggering of Article 50 on Wednesday.

Industrial and Commercial Bank of China is back in the market with a dual tranche deal carrying three and five tenors, set to be issued through the firm's leasing arm.