JP Morgan

Hong Kong-listed Shui On Land sold a rare $225m 7.5% convertible perpetual bond on May 21 that met with eager buyers, but it also had some equity-linked bankers scratching their heads because of its unusual structure.

The Republic of Indonesia completed its yearly return to the dollar sukuk market in style on May 21 when it rewrote the record books to print its largest offering in the Islamic finance instrument.

Hydropower producer China Three Gorges Corp (CTG) has mandated Deutsche Bank, ICBC International and JP Morgan as joint global co-ordinators for its first venture into the international bond market.

While banks have engaged in some genuinely appalling conduct and been punished for it, the quantum of fines has become seriously disconnected from — well, anything. It is not just bad for bank shareholders, it is bad for regulatory credibility.

A dollar market that has been a haven for issuers avoiding the troubled euro sector is starting to show signs of congestion, bankers have warned.

Altice, the highly acquisitive French cable telecoms group, is seeking $1.7bn of new dollar debt to back its acquisition of Suddenlink, the seventh biggest cable business in the US.

US investors showed few signs of fatigue as they continued to pour cash into corporate high grade debt amid an unrelenting pipeline of dollar issuance this week.

Just Eat, the UK-based takeaway ordering website, gave equity investors a burst of excitement on Thursday, raising £445m of new capital in what was already a busy week for the European accelerated bookbuild market.

Harman International Industries, the US audio equipment manufacturer, made its euro bond debut on Wednesday, putting together a sub-benchmark deal that will be used in part to finance its acquisition of part of Bang & Olufsen.

FirstRand — Deutsche Wohnen — Immofinanz — Stadtwerke München — BSN Medical — Schenck — Technicolor

Euros are back on the menu for FIG investors after Swedbank and Rabobank Nederland stormed the senior market on Thursday. Bankers are now looking forward to a string of deals next week.

Electricity Supply Board (ESB), Ireland’s state electricity company, pulled together a hefty order book for a 12 year bond on Thursday — bucking a trend of long dated deals proving tricky.