JP Morgan
-
Indonesian oil and gas company, Pertamina, has picked three banks for a potential bond and is set to hit the road to meet investors next week. -
Conditions across both euros and dollars are as healthy for public sector borrowers as they have been for several weeks and, while issuance was low this week, bankers are confident that volumes will grow.
-
-
A German agency is set to bring the second dollar benchmark from an SSA this week — quadrupling the number of such deals in September so far.
-
Agricultural Bank of China (ABC) is planning a roadshow in September for the world’s first offshore renminbi green bond that will be part of a multi-tranche deal. The trade scheduled to price ahead of president Xi’s visit to London in October and is one of a number of upcoming Chinese bonds aimed at the UK.
-
Proximus, the new name for Belgian telecoms company Belgacom, issued a €500m no-grow bond on Monday and won high oversubscription.
-
A supranational is set to bring only the third dollar benchmark from an SSA since the start of September, after mandating banks for a deal on Monday afternoon.
-
Park Resorts, the UK’s largest holiday park operator, will syndicate a £550m term loan B after bank meetings in London on Wednesday this week.
-
Research by JP Morgan, published last week, said that the widespread implementation of a statutory solution to TLAC requirements would lead to further underperformance in senior spreads, and a fundamental reassessment of the asset class’s risk profile.
-
Abi Dhabi Commercial Bank has released initial price thoughts equating to a 20bp new issue premium for its bond deal, according to a lead.
-
HM Sampoerna, the Indonesian unit of cigarette giant Philip Morris International, has launched an up to Rph20.8tr ($1.4bn) follow-on offering, with plenty of long-only funds on board as anchor investors.
-
China Development Bank is set to meet investors from September 21 in Europe ahead of issuing bonds in multiple currencies.
