Morgan Stanley
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Postal Savings Bank of China’s mammoth $8bn-$10bn IPO in Hong Kong is a “once in a decade type deal” and investors already appear willing to pay a premium for a slice of the trade, say bankers. -
Greenko Investment Company is gearing up to become the first corporate from India to sell a dollar green bond, launching a roadshow in Asia, Europe and the US ahead of a 144A outing next week.
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Kunming Dianchi Water Treatment Co is looking to float on the Hong Kong Stock Exchange, having filed a draft prospectus with the bourse on Monday.
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Johnson Control’s automotive business, Adient, on Monday began a roadshow for $2bn-equivalent of high yield notes, with a 17 strong group of bookrunners.
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Spain’s Cellnex Telecom, a broadcasting towers business, hit the investment grade and high yield euro markets on Monday, just over six weeks after it roadshowed for the deal.
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Euro high yield issuance has largely brushed off concerns about the UK's vote to leave the European Union, but despite a surge of deals some corporates are still holding back from the market.
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India appears poised to continue its strong IPO streak as Dilip Buildcon gets ready to launch a Rp6.53bn ($97.5m) trade next week.
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BC Partners sold a 7.8% stake in Com Hem, the Swedish cable TV operator and broadband provider, through an accelerated bookbuild led by Morgan Stanley on Monday night.
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The scorching pace of Indian IPOs looks set to continue as Dilip Buildcon prepares to launch a Rp6.53bn ($97.5m) listing next week, with bankers expecting a solid response from investors.
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Singapore’s Noble Group has sown up its S$719m ($522m) rights offering with a 173.7% oversubscription, according to a stock exchange filing on Monday.
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Eircom, the Irish telecoms company, on Monday launched a €200m tap of a high yield bond issued last month, which would cut its exposure to bank lending in its new €2.4bn debt structure.
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European Central Bank president Mario Draghi has in effect told market participants to come back after summer if they want to see any further monetary stimulus — but belief that such stimulus is on the way helped a trio of euro deals this week.
