JP Morgan
-
Europe’s high grade corporate bond investors had an array of novel trades to consider on Monday, with debutants and a rare antipodean issuer marketing euro transactions. -
Large global systemically important banks (G-SIBs) showed the primary market was still in good shape on Monday, despite recent volatility. Bank of America added to a recent funding spree with a three-part euro deal, while Credit Suisse tested euros and sterling amid close scrutiny of its investment banking exposures.
-
JP Morgan has appointed a new head of financial institutions group (FIG) investment banking coverage for Australia and New Zealand, according to an internal memo seen by GlobalCapital Asia on Monday.
-
Pepco, the Polish discount retail group, has priced its IPO on the Warsaw Stock Exchange at Z40 a share, valuing the company at Z23.0bn (€5.1bn).
-
Suse, the German open-source software company, has narrowed the price range for its €1bn IPO on the Frankfurt Stock Exchange.
-
Guarantor: Ontario Teachers’ Pension Plan Board
-
Amazon grabbed headlines by pouncing opportunistically into the market and pricing an $18.5bn bond this week that included a record tight spread over Treasuries on a sustainability-labelled two year note, but the bigger story was inflation fears skewing the curve steeper.
-
Wells Fargo printed its debut sustainability bond this week, finally breaking its year long absence from the senior unsecured dollar market.
-
A trio of senior borrowers paid minimal new issue premiums in euros this week as Swedbank and AIB Group tapped a sweet spot of demand for bail-inable debt, while Macquarie got attractive pricing compared to its dollar curve.
-
Europe’s corporate bond market continued to pump out deals this week, despite the equities market licking its wounds after inflation fears turned stock prices into a sea of red.
-
-
