JP Morgan

The Republic of Iraq has set its sights on how much it is looking to raise with its first international bond outing almost a decade, according to a banker close to the deal.

Hong Kong Airlines’ on-again, off-again IPO is now off again. The short-haul carrier has pulled the plug on its $600m float, with little visibility on when the listing could next hit the runway.

Houston Huang Guobin, a former Goldman Sachs coverage banker, has decamped to JP Morgan to take up the position of head of global investment banking for China.

Pentair, the UK-headquartered maker of fluid and thermal systems, priced a €500m bond in line with initial price thoughts on Monday, after deciding to plough ahead with its funding plans despite a difficult market.

Angola has updated the mandate for its debut public Eurobond again, including a different European bank this time around.

The Argentine province of Neuquen is planning to test high yield appetite in Lat Am with a $350m international bond that will boast the provinces royalties from gas production as collateral.

The International Swaps and Derivatives Association is likely to have to change its licensing practices as a result of a $1.9bn credit default swaps price fixing settlement by banks, according to a source familiar with the case.

Statkraft, the Norwegian state electricity company, made a successfully defensive venture into an uncertain corporate bond market with a €500m no-grow bond on Monday.

Two insurance companies are meeting investors this week for tier two trades as the sector continues to beef up its capital ahead of the implementation of Solvency II in January 2016.

JP Morgan Asset Management has hired Diana Kiluta Amoa and Celina Apóstolo Merrill to its emerging markets debt team.

The Federal Democratic Republic of Ethiopia has embarked on a non-deal roadshow, with Lazard engaged as financial advisor and Deutsche Bank and JP Morgan helping to arrange investor meetings.

Interglobe Aviation, the holding company of Indian budget carrier IndiGo, and Coffee Day Enterprises are looking to launch their IPOs in October, in deals that could raise a combined Rp36.5bn ($548.19m).