JP Morgan

Indian budget airline IndiGo is aiming for a listing in the second quarter of this year, via a deal expected to raise between $400m and $500m, say sources close to the situation.

Vistra Group is looking to list in Hong Kong, hiring JP Morgan and Morgan Stanley as its lead bankers.

Mizuho Bank printed its first dollar issue of the year on Thursday, printing a multi-tranche offering that consisted of the same structure and size of its last outing in September. The Japanese lender took advantage of the cautious market sentiment following Federal Open Market Committee (FOMC) meeting this week to effortlessly bag $2.5bn.

Indonesian tower company Solusi Tunas Pratama is in the market for a triple tranche loan to take out what is left of a bridge it sealed with five banks in December last year.

Thursday’s accelerated bookbuild action comprised the first block trade in Com Hem, the Swedish cable company, since its IPO.

Telecom Italia has launched a €1.5bn to €2bn convertible bond with a 70% premium this evening, which market participants said appeared designed to raise cheap funding, without taking the risk of the bond actually converting to equity.

Equity accelerated bookbuild activity was lively this week, reflecting generally buoyant stock markets and investors eager for paper as quantitative easing begins to bite.

The hot demand in Europe's credit markets has already brought a stream of US investment grade borrowers to issue in euros. This week, four US high yield issuers rated single-B joined the caravan, writes Victor Jimenez.

European Central Bank’s limited options for hitting its €60bn/month public sector purchase programme target could be made easier as a new agency nears a debut deal.

Telecom Italia has launched a €1.5bn-€2bn convertible bond this evening, which market participants said appeared designed to raise cheap funding, without taking the risk of the bond actually converting to equity.

AG Hybrid Financing, an international unit of Belgium insurer Ageas, is looking to tender its sole remaining perpetual subordinated bond, while Ageas's Belgian unit AG Insurance has mandated banks to arrange investor meetings for a Solvency II compliant bond.

Unipol Gruppo Finanziario took advantage of low spreads on Monday night to lengthen its debt profile with a tender and exchange of two senior unsecured bonds.