JP Morgan
-
Hong Kong headquartered international schools operator Nord Anglia Education will price its $304m US IPO in the middle of the range, ahead of a growing pipeline of Asian deals looking to list in New York.
-
Bayer, the German chemical company, tapped into the growing demand for floating rate notes today with a €500m no-grow three year deal.
-
Alpha Bank has raised €1.2bn through a private placement to shore up its balance sheet with equity capital.
-
UK student housing firm Unite completed a £100m capital raise on Monday, with most existing shareholders participating in the deal.
-
One of Italy’s more troubled financial institutions, Banca Monte dei Paschi di Siena, will sell a senior unsecured bond to screaming demand, in yet another illustration of how hunger for yield is not so much opening the door to market access to previously questionable credits; it is rolling out the red carpet and hosting a champagne reception in their honour.
-
JP Morgan’s head of investment banking for China, Fang Fang, has decided to retire from the company amid a SEC hiring probe, and will be replaced by Frank Gong, according to an internal memo.
-
Noble Group, a supplier of agricultural and energy products, metals and minerals, hit the market on March 24 with a $1.35bn 364-day revolving loan facility, led by an 18-member arranging group.
-
Prolific offshore issuer Export-Import Bank of India printed a $500m 5.5 year issue on Monday night from an orderbook that was more than six times subscribed at its peak.
-
Advent International, Danish pension fund ATP and Bain Capital have agreed the latest leveraged buyout in Europe. The consortium is buying Nets, a Danish provider of payments, information and digital identity solutions, for Dkr17bn (€2.3bn) with leverage of seven times Ebitda.
-
Grupo Aldesa, a Spanish civil engineering and construction company, wants to sell a €250m debut bond to repay debt.
-
Peruvian real estate company Portales and Brazilian meatpacker Minerva announced roadshows at the end of last week as LatAm continues to enjoy strong borrowing conditions despite a more hawkish US Federal Reserve.
-
Export-Import Bank of India, a prolific issuer in offshore bond markets, launched a 5.5 year US dollar offering on Monday, after Asian bond markets appeared firmer.