JP Morgan

HSS Hire Group, the UK tool hire business owned by Exponent Private Equity, will tomorrow allocate its initial public offering, the first substantial one in London so far this year, at the bottom of the price range.

Air Products and Chemicals priced a €300m 10 year bond on Tuesday - its fourth visit to the euro market, and in a familiar format.

German rented housing company Deutsche Annington has syndicated a €6.25bn bridge loan for its takeover of Luxembourg-based rival Gagfah. It is the largest real estate facility since 2008, according to Dealogic, but DA may only need a fraction of the facility.

Blackouts ahead of fourth quarter earnings releases kept primary activity sedate on Tuesday, with Münchener Hypothekenbank the only issuer to take to the euro market, selling a small seven year print.

HDFC Bank’s Rp100bn ($1.62bn) share sale looks poised to be a roaring success even though the deal has yet to formally launch, with bankers on the trade saying they already have enough visibility to take the book to multiple times covered.

HKBN, or Hong Kong Broadband Network, plans to start investor education for its IPO of around $600m from Monday, February 9, according to two bankers on the transaction. Indonesia’s Mitra Keluarga is also expected to hit the road on the same day for its own listing.

Air Products and Chemicals, the US gases and chemicals producer, held an investor call today for a possible euro bond issue.

Cerba European Lab, the clinical pathology laboratory company, raised €230m on January 30 by tapping its 7% 2020 bond and issuing a new note, which even attracted investors new to the high yield market.

CRH, the Irish building materials company, has signed a bridge loan for the full €6.5bn it is paying cement makers Holcim and Lafarge for a package of assets in Europe, Canada, Brazil and the Philippines.

Russian steel company Severstal has updated the terms of its offer to buy back of up to $600m in aggregate of its 2016s and 2017s.

Telecommunication tower operator Solusi Tunas Pratama (STP) is looking to tap the bond market for the first time having mandated five banks for a series of investor meetings starting on February 4.

India’s HDFC Bank could launch a Rp100bn ($1.62bn) share sale soon to bolster its capital position once it secures all the regulatory approvals.