JP Morgan
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China Merchants Securities Co is hoping to follow its peers onto the Hong Kong Stock Exchange with a third quarter listing.
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South Korea’s Hotel Lotte Co, which is planning a $3bn-$5bn listing, could start bookbuilding on Friday, according to a source close to the deal.
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Spanish property developer Metrovacesa on Friday printed a €700m deal, winning a healthy order book that proved the European corporate bond market still has legs despite heavy supply.
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Hong Kong based Sun Hung Kai has announced the minimum yield for an exchange offer that will switch bondholders out of the firm’s 2017 notes into newer ones due 2021.
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Turkiye IS Bankasi is offering investors in its disqualified tier two bond 50bp to agree to add Basel III compliant features to the documentation.
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The pre-summer IPO calendar is filling up again, with some big deals, as Denmark’s privatisation of Dong Energy got formally under way on Thursday with the start of investor education.
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Dollar issuance is clustering at the short end of the curve as bankers fear the threat of a rate increase at the Federal Open Market Committee’s (FOMC) meeting on June 14-15.
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The Asian Infrastructure and Investment Bank may follow other SSAs to the Kangaroo market.
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Investors in the IPO of Moneta Money Bank — the biggest in Emea so far this year — have made nearly a 10% return on their money, after the shares traded up for the fifth successive day on Thursday, despite a fall in profits.
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Central and eastern European sovereign bond issuers can more and more rely on rates investors to come into their bond deals. But many of these borrowers are still handled by investment banks’ emerging market teams. So when is an issuer SSA rather than EM?