JP Morgan

Standard Chartered started taking orders from investors for its first ever additional tier one (AT1) bond on Thursday, having gauged investor sentiment in Asia, Europe and US earlier in the week.

Predicting levels of equity-linked bond issuance must be one of the hardest jobs in the capital markets. The market follows its own rhythm and reasons, which even veterans struggle to forecast.

The spate of very large and strategic block trades has continued this week, with sales of stock in Accor, Dassault Aviation, the London Stock Exchange and Havas, totalling an expected €5.2bn.

Refresco Gerber, the Dutch juice and soft drinks bottler, today narrowed the price range of its Amsterdam listing, a day ahead of the close of book.

The AA, formerly the Automobile Association, the UK car breakdown assistance group, on Wednesday began marketing £735m of class 'B' notes.

German IT company SAP has completed the long term financing for its acquisition of Concur, the US expenses software firm, with a €1.75bn floating and fixed rate bond.

Akbank paid 12.5bp NIP for a rare 10 year senior bond from a Turkish bank on Tuesday, the bank’s second appearance in the international market this year.

Export-Import Bank of India (India Exim) hit the market with a landmark transaction on March 24, raising $500m with the country’s first dollar-denominated green bond.

That some international investors still have appetite for Russian risk was made clear again on Monday night, when Lenta, the hypermarket group, raised $225m of new capital to finance expansion.

Centrica, the UK energy company, is to launch its first hybrid bond, and has hired banks to arrange a four day roadshow for a the deal, set to be in sterling and euros.

A Dutch agency is set to bring a sustainability bond in the coming weeks, after mandating banks for a roadshow on Tuesday.

Akbank has returned to market with a 10 year $500m no grow, its second dollar offering of the year and its second instalment of a $1bn refinancing.