JP Morgan

Gazprombank opened books on a 5.5 year dollar bond on Tuesday morning, which debt bankers away from the deal said had opened with a generous starting spread.

Abu Dhabi Commercial Bank closed the first FIG deal from the Middle East this week, pricing a $750m bond flat to its secondary curve. Bankers off and even on the deal had doubted how much international interest there would be given how tight Middle East spreads are relative to the rest of the CEEMEA market. But the final order book left no doubt about demand for a region which, in a world of EM uncertainty, has stability and credit strength firmly on its side.

Diaverum, the Swedish operator of dialysis clinics, has mandated five banks to arrange €708m of senior credit facilities, but has yet to pick a left lead.

Pohjola Bank was set to print a familiar Scandinavian seven year in senior unsecured on Monday, but made its trade stand out with the addition of a much rarer floating rate note.

Abu Dhabi Commercial Bank (ADCB) opened books on a five year conventional dollar bond on Monday morning, and is on track to price a benchmark deal with very little new issue premium, said bankers away from the deal.

Canada

UK biotech firm Circassia has not yet launched bookbuilding on its IPO, despite launching almost three weeks ago. The deal was launched after a run of deals in the US, which have since seen rocky aftermarket performance.

Brett Krause has left his position as Vietnam country officer at Citi, in order to take on a senior role covering greater China at JP Morgan.

Online appliance retailer AO was fully covered on its £425m IPO on Friday, hours after launch.

The list of Chinese firms eyeing up an US IPO has just gotten longer thanks to mobile game developer Chukong Tech, which is planning to raise $150m in the second half of the year, according to a banker close to the deal.

Banco Comercial Português’ successful return to the euro senior unsecured market was driven more by renewed demand for its name than a hunt for yield, said lead managers, in a week where the only fresh paper issued carried a sub-investment grade rating.

JP Morgan has hired Miroslaw Urbanski from Goldman Sachs for its emerging market DCM team. Urbanski left Goldman Sachs in October. He worked for the bank’s central and eastern European business.