Morgan Stanley

India's PNB Housing and Finance will seek approval for an IPO of up to Rp30bn ($448.0m) by mid-June, according to a source close to the transaction.

China Construction Bank Financial Leasing Corp has announced plans to issue its second dollar bond as early as this month, days after some of its industry peers made successful returns to the debt market.

Today was a weakish day for stocks, with the Euro Stoxx 50 down 0.5%, but that has not stopped Bain Capital executing its first block trade of shares in Bravida, the Swedish heating, plumbing and electrical contracting company that floated in October. The trade is covered.

The vogue for gym IPOs looks set to continue, with Basic-Fit of the Netherlands announcing an intention to float on Tuesday.

The IPO of Philips Lighting, though smaller than some bankers had expected, has got off to a good start, achieving coverage on Tuesday night, after the bookbuild began on Monday.

China Merchants Securities Co is hoping to follow its peers onto the Hong Kong Stock Exchange with a third quarter listing.

BOC Aviation has already covered books for its HK$8.7bn ($1.1bn) IPO, having started the roadshow on Monday morning, said a source familiar with the matter.

South Korea’s Hotel Lotte Co, which is planning a $3bn-$5bn listing, could start bookbuilding on Friday, according to a source close to the deal.

Samsonite International has signed a credit agreement with its lenders for the $2.425bn financing it took out to back its takeover of premium luggage maker Tumi, according to a company filing.

The UK Debt Management Office has picked the banks that will run its next syndication, scheduled for the week beginning May 23.

The Republic of Indonesia has mandated three banks to work on a Samurai bond that is expected to launch later in the year.

ICBC Financial Leasing sold a 10 year note for the first time as part of a triple-tranche return to the bond market. The financial leasing company had wanted to extend its dollar curve but was also encouraged by the success of its industry rival BOC Aviation last month.