JP Morgan
-
Online takeaway directory Just Eat is set to price at the top of its range when it starts trading on Wednesday morning.
-
Saudi Electricity Co sold $2.5bn of dollar sukuk late on Tuesday – its biggest ever offering – inside initial guidance.
-
Svenska Handelsbanken sold its debut Kangaroo bond on Wednesday morning, the first senior unsecured note in the format out of Scandinavia. Strong demand for the print could encourage deals from other Nordic issuers, according to bankers involved with the deal.
-
Singapore’s Oversea-Chinese Banking Corp, which announced on April 1 that it had made an offer to acquire Wing Hang Bank, is set to fund the HK$38.4bn ($4.95bn) acquisition with a loan provided by three banks.
-
Regulation in Asia that mimics US swap execution facilities could be between four-to-five years away in some jurisdictions, including those already established in setting up over-the-counter derivatives clearing houses.
-
Latin American borrowers are rushing to the bond market to take advantage of strong new issue conditions. Four deals were printed on Tuesday. Bankers say there is no sign of indigestion yet as several companies line up potential debuts.
-
Sinopec Group Overseas Development has launched another jumbo bond into the dollar market, issuing up to five tranches, just six months after raising $2.75bn last October.
-
Nick Johnson will take over as JP Morgan’s head of equity capital markets for Asia Pacific as former head Jeff Zajkowski moves to New York to become co-head of ECM for the Americas, amid a global reshuffle.
-
Shinhan Bank printed a $500m three year bond Wednesday night as a warm response from US investors helped the issuer to price tight to its comparables.
-
Latin American bond bankers said the blowout 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.
-
Shinhan Bank launched a three year US dollar offering on Tuesday as issuers start to return to the bond market following the March blackout period.
-
Quick, the Belgian hamburger restaurant chain, hopes to sell its first high yield bonds to raise €585m, using secured floating rate notes and - rare for the high yield market - unsecured FRNs.