JP Morgan
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Indonesia’s Kawasan Industri Jababeka launched a five year non call three dollar bond on Wednesday. The issue features alongside an exchange offer by the industrial estate developer for its existing 11.75% 2017s.
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China’s Semiconductor Manufacturing International Corporation (SMIC) is looking to issue its inaugural international bond. The company will be meeting investors for a proposed Reg S/ 144A dollar issue.
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LVMH Moët Hennessy Louis Vuitton has a cachet in the bond market, as in its own field of luxury goods. An A+ rating is rare, and LVMH is an infrequent borrower. It can also rely on the enthusiastic support of French investors.
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Tui AG, the German tourism group, followed up Monday’s announcement of an agreement on merger terms with British subsidiary Tui Travel by beginning a roadshow for its first bond issue for nearly a decade.
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Turk Eximbank has returned to the international market for the first time since 2012 and opened guidance on a new seven year bond on Tuesday.
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China’s Zhejiang Provincial Energy Group Company is will be meeting investors for what would be its debut international deal. The borrower plans to issue a Reg S dollar bond.
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China’s Geely Automobile Holdings is looking to sell its inaugural international bond. The car maker will be kicking off investor meetings this week for a proposed Reg S/144A dollar denominated issue.
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China’s Alibaba Group has increased the price range of its New York IPO to $66-$68 after strong investor demand, as the company looks set to become the biggest US listing ever — and possibly the world’s largest IPO.
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Leveraged finance lenders are assessing the structure and leverage of Bestway, the UK food wholesaler that is buying Co-op Pharmacy’s owner, after a bank meeting on Friday to market a £725m loan for the acquisition.
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Kuwaiti Burgan Bank is still looking for an opportunity to print its tier one perpetual note this week Emirates NBD's $500m perpetual — a comparable deal from Wednesday — having fallen 1.5 cash points in secondary trading since it was priced.
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Alibaba Group’s jumbo $21.13bn New York IPO is fully covered one week into the bookbuilding process, with the company now looking to close the deal ahead of the scheduled date. It is also considering selling the shares at higher level.
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India's Infrastructure Development Finance Company (IDFC) has raised Rp10bn ($164m) through a qualified institutional placement, in a deal that saw demand come in from around 30 domestic accounts.