JP Morgan

The European high yield bond market has rebooted after a February in which US firms dominated sales, with so many local issuers now coming forward that high yield bankers have started worrying that March could be overcrowded if the entire deal pipeline materialises.

Hangzhou Mi Lu Technology Co, which owns Chinese social media platform kktv5.com, is laying the groundwork for a Hong Kong IPO this year, according to bankers close to the matter.

The strength of the primary debt market in Asia shows no signs of abating, with a number of borrowers heading out on Thursday for fresh dollar fundraisings.

The leads working on the government of Mongolia’s keenly-watched dollar bond have opened books, guiding investors towards a seven year deal at the 8.25% area.

BioPharma Credit, the closed end investment company focused on life sciences, has announced the largest UK IPO of the year so far.

Ineos Styrolution released price talk on its €623m term loan ‘B’ refinancing following a bank meeting on Wednesday — less than six months after signing the facility to be redeemed.

Malaysia-based Lotte Chemical Titan has hired a trio of banks for its potential $1bn domestic listing this year, according to a banker close to the transaction.

KfW and the European Bank for Reconstruction and Development took full advantage of a strong environment to sell dollar benchmarks on Tuesday. Further dollar issuance is rumoured this week — with conditions so good that deals may come despite potential volatility from US president Donald Trump making his first speech to Congress during the New York evening on Tuesday night.

Sustainability bonds are the flavour of the week for regional issuers, as the State of North Rhine-Westphalia smashed the size record for sub-sovereign SRI bonds on Tuesday and Île-de-France hit screens to announce its own socially responsible investment bond.

Laird, a UK supplier of mobile phone parts to Apple and Samsung, launched a £184m ($225.55m) rights issue after it released its full year 2016 results on Tuesday.

The State of North Rhine Westphalia will sell its third sustainability bond on Tuesday, following a pan-European roadshow.

Moody’s has downgraded its outlook for B3/B rated Croatian food retailer and manufacturer Agrokor to negative from stable as the company’s credit quality comes under siege.