JP Morgan

Ukraine and the US have signed an agreement for a further $1bn of loan warranties to be used on a five year Eurobond issue.

The Province of Córboda sold $725m of five year bonds on Friday after tightening pricing by three eighths versus initial price thoughts, making it the tightest new issue from an Argentine province this year.

GlobalCapital is delighted to announce the winners of its Americas Derivatives Awards for 2016. The results were revealed at a gala dinner at New York’s Metropolitan Club on June 2. Thank you to everyone who supported the event by attending and for taking part in the pitches that decided who were the best and brightest in US, Canadian and Latin American derivatives over the last 12 months.

SES, the Luxembourg-based satellite operator, opted to ignore the announcement of US non-farm payrolls today, traditionally a reason for the European corporate bond market to take a day of rest, and issued a benchmark hybrid bond on Friday.

The race is on for India’s first insurance IPO as ICICI Prudential Life Insurance lines up banks for its up to $400m float.

Cemex Holdings Philippines has begun gauging investor interest in its IPO, which could raise up to $500m, sources close to the deal told GlobalCapital Asia.

The wave of rights issues and capital raisings in the market this summer is so far going smoothly, with good news this week for Banco Popular Español, as its shares and rights perked up in trading.

Investec, the South African-UK bank and asset manager, raised £138.3m on Thursday with a 5% capital increase, conducted as an accelerated bookbuild by JP Morgan.

The conveyor belt of Gulf Cooperation Council sovereign issuers shows no sign of slowing, with the Sultanate of Oman finally setting off on its roadshow this week and rumours building around the Kingdom of Saudi Arabia’s gargantuan new issue.

Uniper, the Germany energy company subsidiary of E.ON, is preparing to syndicate a €5bn loan to a wider group of banks.

Abu Dhabi's Mubadala has tightened the margin on its $1.75bn three year refinancing, despite the price on the original loan already being “eye-wateringly low”, according to one banker.

India’s first convertible bond since 2014 emerged this week, with Glenmark Pharmaceuticals raising $170m from an unusual trade that had to overcome regulatory hurdles, as well as a novel structure.