Morgan Stanley
-
KfW and Ireland brought euro deals on Wednesday at the very top end of size expectations, alleviating a little of the pressure on what is set to be an extremely busy year in the currency. The trades came the same day as Municipality Finance mandated for a euro benchmark and a request for proposals came from the European Financial Stability Facility.
-
India’s two main stock exchanges are set to start 2017 on a positive note, with Bombay Stock Exchange (BSE) likely to launch a $200m deal this month and National Stock Exchange (NSE) bringing a jumbo $1bn IPO in the second quarter.
-
Volvo Cars, the Swedish car company owned by Zhejiang Geely Holding of China, has raised Skr5bn ($530m) in a private placement of preference shares, which might be converted to listed shares if Volvo completes an IPO.
-
Australian casino tycoon James Packer sold his stake in Melco Crown Entertainment, his Asian joint venture with Hong Kong magnate Stanley Ho, in a $669.9m overnight bookbuild on Thursday.
-
Aeropuertos Argentina 2000, the Argentine airport operator, is looking to return to bond markets in 2017 with a 10 year deal of up to $400m.
-
Meitu, creator of the popular Chinese selfie editing app, failed to live up to its promise when the stock debuted on Thursday in Hong Kong, shedding as much as 2%.
-
CriteriaCaixa Holding, the unlisted holding company, sold another slice of CaixaBank in a €315m block trade on Tuesday night that took it a step closer to its long term goal of holding just 40% of the Barcelona-based lender.
-
Tata Sons has forked out Rp24.3bn ($359.8m) for a block of shares in Tata Motors through a reverse bookbuild process, the first of its kind in India.
-
Chinese selfie app maker Meitu wrapped up its IPO at the bottom of guidance last week, raising HK$4.9bn ($631.5m) in fresh funds.
-
UniCredit turned to the equity-linked bond market on Thursday to dispose of its last 7.4% stake in Bank Pekao, after agreeing to sell 32.8% of the Polish lender to insurance company Powszechny Zakład Ubezpieczeń and the Polish Development Fund, for Z10.6bn (€2.4bn).
-
Business travel group Carlson is running a roadshow for what could be the European high yield market's last deal of the year as it aims to refinance its debt with a three tranche bond.
-
Infrastructure investment trust (InvIT) India Grid Trust has taken its first step towards going public, submitting a draft red herring prospectus on December 2.