JP Morgan

Senvion, the German wind turbine maker, pulled its €700m IPO on Wednesday morning, after a difficult bookbuild that failed to deliver a covered book.

KommuneKredit has printed a no-grow €1bn seven year from an oversubscribed book, becoming the second Nordic agency to do a euro benchmark deal this week.

Moody’s has released figures reflecting just how poorly leveraged finance in Europe fared in February, with loan issuance falling 70% from January's high.

Europe’s IPO market today experienced its first setback in over a month, as Senvion’s owners decided to postpone the firm’s Frankfurt listing.

Bank of Communications Financial Leasing’s $1bn dual-tranche offering was a big success on Tuesday, as cash-rich Chinese investors were drawn to the credit amid a dearth of dollar offerings from the country.

The Mutual Recognition of Funds (MRF) scheme has been slow in gaining traction among offshore investors since its launch in December. But the recent suspensions of outbound investment schemes has seen a pick-up in interest by Chinese investors.

South Korea’s Kia Motors Corp is finally looking to make a comeback to the dollar bond market after an absence of five years and has mandated banks to prepare a proposed 144A outing.

Markit has launched a service that allows banks to affirm over-the-counter foreign exchange trades executed by interdealer brokers.

Caisse d'Amortissement de la Dette Sociale found strong demand at the five year part of the dollar curve on Tuesday, as L-Bank delayed a deal in the same currency and tenor.

Western Digital, the US computer data storage manufacturer, had bank meetings Wednesday in London for its $9.5bn loan package, backing its $17bn acquisition of SanDisk.

KommuneKredit is set to print a seven year euro deal on Wednesday, following a debut euro benchmark from Municipality Finance in the form of a €1bn October 2021 on Tuesday.

The $150m loan for Africa Finance Corporation is still in the market, although commitments for the loan were due weeks ago.