JP Morgan
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DE Master Blenders, the Dutch coffee company, will raise loans totalling €7.5bn to back its merger with the coffee business of Mondelez International. -
Money market funds snapped up two year paper from ABN Amro this week almost immediately after the bank came out of earnings blackout.
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Chinese after-school tutoring services provider TAL Education raised $200m on May 15, pricing a 2019 convertible bond in the middle of guidance after receiving good interest from investors.
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Macquarie Leasing has released the capital structure of its latest SMART auto ABS transaction after finishing the Australian leg of its roadshow, as it looks to sell the shelf’s first euro-denominated paper since 2008.
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Online cosmetics marketplace operator Jumei International Holding made an encouraging start to life on the New York Stock Exchange, trading up by as much as 28.5% on its debut on May 16.
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Country Garden Holdings Company made a long awaited return to the bond market this week. The borrower is the first issuer from the Chinese property sector since April 29 and while it priced a successful deal, bankers say the health of Chinese property credits is still question.
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Online cosmetics marketplace operator Jumei International Holding is planning to price its $204m New York IPO at the top or even above its indicative price range thanks to exceptionally strong demand from investors.
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Johnston Press, the UK publisher of regional newspapers, priced £225m of bonds on Tuesday as part of its broader capital refinancing plan, but had to offer high interest rates.
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Swedish steelmaker Ovako this week began a roadshow of a €300m high yield bond, two days after announcing it had entered negotiations to bid for the assets of bankrupt French counterpart Ascometal.
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Matalan to refi with £492m HY – Finland’s Paroc wins €2bn book
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Syndicate bankers hailed a return to form for senior debt this week, following a string of blowout deals. Given a week with no holidays to disrupt the market, financials reacted with gusto and printed around €12bn of senior debt, with investors stepping up to absorb the tide of issuance.
