JP Morgan

Cheil Industries has become the biggest listing from South Korea since 2010 after pricing its W1.52tr ($1.4bn) IPO at the top of the price range on Friday evening. Massive oversubscription in the books now mean that allocations will be a challenge with investors unlikely to get their hands on as much stock as they’d like.

Strong interest from long only funds and local investors helped South Korea’s Ministry of Strategy & Finance price a block in Industrial Bank of Korea (IBK) at the top of guidance to raise W310.31bn ($279m).

The Indian government has finally kicked off its divestment programme for the fiscal year, opening books for the sale of shares in Steel Authority of India Ltd (Sail) on Friday morning as it looks to add millions of dollars to its coffers.

Aluminium Corporation of China (Chalco) raised $500m with its second international bond of the year after drawing a order book that was six times covered.

Ethiopia made an impressive debut on Thursday, December 4, amid less than ideal market conditions. The recent sell-off in African sovereign bonds was of little concern to the sovereign which received strong investor feedback on account of its strong growth story and JP Morgan Emerging Market Bond Index (EMBI) eligibility. In addition, investors came away satisfied that the bond was priced sensibly.

British Car Auctions, the UK secondhand car seller, marketed £270m of secured leveraged loans at a bank meeting on Tuesday, as part of refinancing of its debt structure.

Goldcar, the Spanish car hire provider, set price guidance for a €275m ($341.95m) 5.5 year term loan ‘B’ at a bank meeting on Monday, to back its buyout by Investindustrial.

Royal Bank of Scotland subsidiary Citizens Bank scored a hit on its senior debt issuance debut amid strong supply from the US financial sector this week.

Fiat Chrysler Automobiles will imminently launch a deal of up to $2.5bn comprising both an equity offering and a mandatory convertible bond.

Fiat Chrysler Automobiles will imminently launch a deal of up to $2.5bn, comprising both an equity offering and a mandatory convertible bond.

Altice made a firm step towards adding to its European telecoms portfolio on Sunday, when Brazilian telco Oi accepted a raised €7.4bn offer from the French company for the Portuguese assets of Portugal Telecom.

Santos, the Australian upstream oil and gas company, has postponed its planned hybrid bond, after Opec’s decision to maintain production levels amid falling oil prices caused spreads to widen for energy companies.