Morgan Stanley
-
Shares in Tesla, the US maker of electric vehicles, gained as much as 2.8% on Thursday morning after the company announced it would raise up to up to $2.3bn of capital by selling new shares and convertible bonds to strengthen its balance sheet following a net loss of $702m in the first quarter of the year.
-
The Securities & Exchange Board of India (Sebi) dealt a fresh blow to India’s National Stock Exchange’s long-delayed IPO plans this week.
-
China’s Yingde Gases Group has received a strong response in the loan market for its $300m three year facility.
-
Michele Colocci has left JP Morgan and will rejoin Morgan Stanley as chairman of M&A.
-
MUFG has named veteran Taiwanese banker Randy Hung to run its Taipei-based global corporate banking team.
-
Banks working on the IPO of Arabian Centres Company (ACC), possibly the largest Saudi Arabian flotation since 2014, have set a price range on the deal.
-
-
After pushing out its yield curve to 30 years this week, Cyprus is keeping an eye open for issuing even longer maturities, according to an official at the country's Public Debt Management Office (PDMO).
-
The cost of funding in euros or sterling has swung back into favour for dollar-focused financial institutions in recent months, heralding the return of several North American banks to the market, including Morgan Stanley and Wells Fargo.
-
Logicor’s dual tranche issuance received a mixed reception on Thursday, as the European real estate and logistics company reopened an old note and offered investors a new bond as well.
-
John Wood Group, the Scottish oil services company headquartered in Aberdeen, entered the US private placement market late on Wednesday.
-
Chinese plastic surgery social network So-Young International hit the road for its Nasdaq listing this week, eyeing proceeds of up to $179.4m.