Morgan Stanley
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India’s National Stock Exchange has appointed four banks, Citi, JM Financial, Kotak Mahindra Capital and Morgan Stanley, as joint global co-ordinators for its domestic IPO. -
Hyundai Capital Services (HCS) opened books for a three year dollar-denominated note on Tuesday, less than six months after tapping the market for its debut green dollar bond.
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E.ON’s spinoff of Uniper, its fossil fuels operations, will be completed within weeks as preparations for a listing in Frankfurt near completion, with joint global coordinators JP Morgan and Morgan Stanley potentially first in the queue to handle residual sales of stock over the next three years.
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India’s market regulator met with a group of local and international investment banks last week in a bid to determine why the number of qualified institutional placements has dropped this year, according to sources.
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India’s RBL Bank opened books on Friday for an up to Rp12.1bn ($180.8m) IPO — the first listing from a bank in the country in more than five years.
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A seemingly unstoppable flow of dollar issuance from public sector borrowers looks set to spill into next week, after a slightly undersubscribed deal early this week failed to dent sentiment for other trades.
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ValueAct’s involvement in Morgan Stanley could have broader implications for the banking industry, writes David Rothnie.
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A pair of issuers brought comfortably oversubscribed dollar benchmarks on Wednesday, leading bankers to speculate that other issuers could be tempted to follow with trades in the currency next week.
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A pair of public sector borrowers are set to join NRW.Bank in the dollar market this week, taking advantage of good conditions — and with perhaps one eye on the US presidential election in early November.
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Greenko Energy Holdings became the first Indian corporate to sell a green bond in US dollars this week, setting a benchmark for high yield names in the sector. Issuers from the south Asian country are leading a charge for green debt in Asia and more corporates are set to follow suit. Addison Gong reports.
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One of the longest running and most painful sagas in global leveraged finance came to an end this week when high yield investors on Wednesday accepted Veritas Technologies’ €600m-equivalent secured seven year non-call three senior bond eight months after it was first launched. Victor Jimenez reports.
