Morgan Stanley

Four banks from four jurisdictions got the FIG market off to a frantic start on Monday, and bankers think many more borrowers could hit screens before the European Central Bank meets on Thursday.

Hong Kong-listed Samsonite is raising a loan of up to $2.425bn for its acquisition of premium travel luggage maker Tumi.

IBM exited its entire position in Chinese tech firm Lenovo this week, raising HK$1.17bn ($150m) via a block sale. It was able to offload the stock at the top end of guidance after a flood of demand from Asian hedge funds.

John Fredriksen, the Norwegian shipping magnate, sold a Nkr4.4bn ($510m) block of shares in seafood firm Marine Harvest on Tuesday evening — a rare liquidity event in one of the few Norwegian stocks not exposed to oil.

Warburg Pincus is offloading shares in US-listed China Biologics Products via a block that could raise up to $385m.

Intercontinental Exchange, the US operator of stock exchanges and clearing houses, is considering making an offer for the London Stock Exchange, in a move that could derail the latter's merger with Deutsche Börse.

The US FIG market rebounded sharply this week as Mitsubishi UFJ Financial exploited a favourable market backdrop and printed the first TLAC eligible senior trade from a Japanese bank.

3i and BNP Paribas, two of the largest shareholders in Eltel Networks, launched a block trade for 15% of the business on Thursday night.

Senvion, the German wind turbine maker, has become the first of this year’s second wave of IPO candidates, announcing on Monday this week its intention to float in Frankfurt.

LyondellBasell Industries, the Dutch/US petrochemical producer, emerged as the only corporate bond deal on Wednesday, offering a six year benchmark transaction.

Mitsubishi UFJ Financial Group successfully wrapped up Asia’s first bond that meets total loss-absorbing capacity (TLAC) requirements on Tuesday. By providing a strong benchmark in this new asset class, the transaction is set to encourage more issuance from Japan.

Mitsubishi UFJ Financial Group is on its way to sell Asia’s first bond that meets total loss-absorbing capacity (TLAC) requirements. Launched on Tuesday, there is plenty of guesswork among market participants about fair pricing.