JP Morgan

Conditions are far from ideal for the launch of Banca Monte dei Paschi’s €5bn equity capital raising, but the subscription period began this morning, with the original bank syndicate but no underwriting commitment.

The stream of dollar issuance from European non-investment grade companies may thin in 2017, market participants believe, as central banks in the US and Europe further diverge their monetary policies.

First Capital Securities will acquire JP Morgan’s 33.3% stake in its Chinese joint venture, according to a filing with the Shenzhen Stock Exchange.

Netmarble Games has received the green light to list on the Korea Exchange, paving the way for an estimated W2tr ($1.7bn) IPO next year.

China Vanke Co bagged $600m on Thursday from its first international bond in more than three years, sneaking into the market the day after the Federal Reserve announced a rate hike.

Deutsche Bank, Goldman Sachs and JP Morgan are joint lead arrangers and bookrunners for a bridge loan of up to £12.2bn ($15.18bn) which 21st Century Fox will use to buy the remaining shares in Sky it does not own.

Senior European fixed income investors believe high yield issuers will find it more difficult to refinance bond debt in the market in 2017, according to a Fitch survey — but around a third also tip the asset class as their favoured marginal choice.

VietJet Aviation sealed Vietnam’s largest IPO this week, pricing the D3.79tr ($167m) trade in the lower half of expectations and becoming a rare bright spot in an otherwise patchy market for stock sales.

Local government financing vehicle (LGFV) Xuzhou Hi-Tech Industrial Development Zone State Asset Management Co and property developer China Vanke Co announced their respective dollar-denominated bonds on Thursday, following the US Federal Reserve’s decision to lift interest rates.

CriteriaCaixa Holding, the unlisted holding company, sold another slice of CaixaBank in a €315m block trade on Tuesday night that took it a step closer to its long term goal of holding just 40% of the Barcelona-based lender.

NMC Health, the London-listed company that claims to be the leading private sector healthcare operator in the United Arab Emirates, raised £255.4m on Wednesday in an intraday equity bookbuild.

Bridgepoint launched a dividend recapitalisation term loan of its restaurant firm the Azzurri Group with a lender call on Thursday afternoon, the private equity firm's second since October.