JP Morgan

International schools operator Nord Anglia Education has set the terms for its $323m US IPO, which is due to price towards the end of March.

The parent company of African Barrick Gold sold a £112m stake in the British gold miner on Monday night, with the volatile stock plunging almost 15% after the deal was completed.

Greek Alpha Bank is set for a €1.2bn capital raise without pre-emptive rights, days after peer Piraeus announced its own deal.

Indian travel website MakeMyTrip is marketing a follow-on deal worth up to $115m this week, comprising both primary and secondary shares, with a view to pricing the trade by Friday.

As expected, Petrobras offered higher spreads and all-in yields for its latest jumbo dollar issue than its $11bn record-breaker sold in May 2013, near the peak of the EM debt market.

This time Petrobras’s dollar benchmark wasn’t a record-breaker, but $8.5bn raised in six tranches towards the Brazilian oil company’s $221bn investment programme for 2014-2018 left bankers on the deal happy and those away from it full of praise.

A group of 15 banks are tipped to win the mandate for the new loan for agricultural products supplier Olam International, which is expected to launch at $1.2bn.

Shinhan Bank is to commence a series of investor meetings on Thursday. Bankers say that a 144A/Reg S transaction may follow.

A steep discount in valuation was not enough for auto-dealer Sunfonda Group Holdings to push through its HK$683m ($88m) IPO. The Xi’an-based company has delayed the proposed float, which was due to price on March 6, citing difficult market conditions.

Syndicate bankers are primed for a busy period in dollars next week following the smooth execution of four benchmarks in the currency this week despite uncertainty and volatility caused by the situation in Ukraine.

Lowell Group, the UK consumer debt purchasing and recovery company, priced its second high yield bond on Tuesday, at a yield barely half what it paid on its debut transaction two years ago.

Avis Budget took advantage of strong high yield demand on Thursday to make a rapid tap of its March 2021 bonds to refinance shorter dollar debt.