JP Morgan

Mexican cement manufacturer Cemex on Wednesday followed in fellow high yield issuer Braas Monier’s tracks with a significant tightening in pricing on its offer.

Oman has released final price guidance for its dual tranche note with order books in excess of $7bn.

A pair of public sector borrowers are lining up to sell dollar floating rate notes on Thursday, following a series of floating and fixed rate deals in the currency on Wednesday.

French telecoms firm Altice and US software firm Veritas are returning for a second stab at the European levfin market — after the former shunned euros for dollars in April and the latter failed to sell its LBO debt in November.

Zhongyu Gas fires up refi — Trans Corp hit syndication — Cheng Loong raising Vietnam funds — Global Bank gets bigger loan

Oman released initial price thoughts on Wednesday morning for new five and 10 year notes and evidence suggests the deal was building well.

Novolipetsk Steel’s book build was a riot on Wednesday morning as investors clamoured to get hold of paper from the first of the three Russian corporates carrying out liability management exercises this week.

Hong Kong-listed Semiconductor Manufacturing International Corp returned to the equity-linked market this week for the first time since 2014, soaking up demand to raise $450m with a seven non-call four year convertible.

The Republic of Indonesia sold its first 12 year euro note as part of a dual-tranche return to the European bond market on Tuesday. It had to pay up over its dollar curve, but the elevated cost proved no hardship as the sovereign is keen to make its presence felt among European investors.

Of the five IPOs due to reach completion this week, Norway’s B2 Holding finished its bookbuild today and Dong Energy has put out final guidance. Van Lanschot has also just revised its guidance. The other two — ASR Nederland and Basic-Fit — have still to refine their original price ranges.

The Irish telecommunications firm Eircom Holdings on Tuesday issued a benchmark size secured bond at 25bp inside guidance levels — giving encouragement to the group of other issuers waiting in the pipeline.

Indonesia returned to euro-denominated bonds on Tuesday. It will still have to pay up over its dollar curve, according to EM bankers, despite the low yields in euros.