JP Morgan

Hannele Pokka, the Finnish minister for the environment said, in an exclusive interview with GlobalCapital, that she believes the ratification of the Paris Agreement, the first ever universal, legally binding climate accord struck in 2015, will spur on the green bond market’s development.

India’s UPL Corp executed its first dollar-denominated bond on Wednesday, benefiting from a quiet primary market, the strength of its credit and an extensive marketing effort beforehand.

The Philippines is set for one of its largest IPOs this year as Pilipinas Shell Petroleum Corp starts taking orders for a potential Ps19.3bn ($399.0m) listing.

Chinese data firm GDS Holdings has begun pre-marketing its $300m US listing with bookbuilding expected in the next two weeks. Logistics company ZTO Express has also chosen to float in the US.

For the nine months through September, Morgan Stanley topped the Asia ex-Japan ex-onshore China ECM bookrunning league table with $9.41bn in deals, according to Dealogic. It was also the only bank with double-digit market share.

Old loyalties and simmering disputes are dictating the winners and losers in the race for top billing in Italian FIG, writes David Rothnie.

Just a week after its first dollar denominated benchmark, SNCF Réseau has announced that it will issue its first green bond.

Doosan Bobcat is guiding investors for its W2.4tr ($2.2bn) IPO in South Korea to a price that is 15% below the bottom of the marketing range, according to bankers close to the trade.

Block issuance has been active this week, with three notable accelerated bookbuilds all sold well. Monday also brought the announcement of what could be the largest IPO in London this year.

GDS Holdings, which is heading to the US to go public, has begun premarketing its IPO, with bookbuilding expected in the next two weeks, according to a source close to the transaction.

India’s UPL Corp opened books for its inaugural G3 bond on Wednesday. It is the only deal to have launched so far this week in Asia ex-Japan with China on a one-week holiday to celebrate its National Day.

Two equity block trades came out in the European market on Tuesday evening, both of which achieved successful sales.