JP Morgan

India’s Larsen & Toubro kick started the pre-marketing process for an $800m business trust Singapore IPO of its toll-road assets on Monday as it seeks to gauge investor appetite for out-of-favour yield stocks.

Sydney Airport is holding a series of fixed income investor meetings in Europe, beginning in London on Monday.

OCP, the Moroccan company that claims to be the world's largest phosphate exporter, will start a roadshow on Tuesday for a benchmark dollar bond. It would be the first corporate Eurobond from Morocco.

State Bank of India looks to be the next Indian name in the bond market after mandating banks for a new dollar issue.

Chine online game and software developer Kingsoft Corp’s second foray into the equity-linked market was a resounding success as investors showed no price sensitivity whatsoever for its HK$2.33bn ($300m) 2019 convertible bond.

Human resources marketplace 51job.com priced its equity linked deal at the bottom, as hedge funds pushed for a low conversion premium to compensate for a lack of liquidity and high cost of stock borrow.

In a high yield market with strong pressure on prices, investors are becoming more willing to buy unconventional risk, as shown by Quick’s debut bond issue this week. The Belgian hamburger restaurant chain sold a rare unsecured floating rate note as part of its €595m transaction.

Latin American bond bankers said the blow-out 10 year issue printed by meatpacker JBS on Monday showed several Brazilian issuers were more comfortable with issuing conditions since the sovereign's downgrade by Standard & Poor's last week.

Huge oversubscriptions for borrowers ranked from single A to triple C helped LatAm to its second busiest week of bond supply all year, before any potential deals on Friday. LatAm investors had been starved of new deals in February and saw patchy new issue activity in March.

More details about Monier’s €415m high yield bond offering have emerged. The French maker of roofing materials will meet investors until Wednesday, April 9, to market the bond, which, together with €250m of loans, will replace its previous capital structure before a potential initial public offering.

US investors’ appetite for bond issues remained sharp this week, while issuance dipped, as they grabbed opportunities to participate in deals from less frequent issuers like MidAmerican Energy and Interpublic Group and gobbled up extra spread.

Saudi Electricity Co priced $2.5bn of dollar sukuk late on Tuesday — its biggest ever offering — inside initial guidance.