Morgan Stanley

Development Bank of Japan sold over half of its second sustainability bond to SRI investors on Wednesday and will continue to monitor the market for future green opportunities, say bankers.

Mitsubishi UFJ Lease & Finance has priced its second dollar bond of the year, with its safe haven status attracting a strong following despite a sovereign rating downgrade.

Coffee Day Enterprises opened books for its Rp11.94bn ($183m) IPO on Wednesday, after putting roughly a quarter of the trade in the hands of anchor investors. But the caution of the leads appears clear, with the stock allocated to anchors at the middle of guidance.

Development Bank of Japan has made its second visit to the SRI bond market with a €300m sustainability bond on Wednesday.

Intertrust, the Dutch corporate and trust services company, has closed the book for its IPO, which is set to raise at least €522m.

Coffee Day Enterprises opened books for its Rp11.94bn ($183m) IPO on Wednesday, after putting roughly a quarter of the trade in the hands of anchor investors. But the caution in the market appears clear, with the stock allocated to anchors at the middle of guidance.

Santander and BBVA both looked to the dollar market to secure senior funding on Tuesday amid a bare session for European FIG issuance.

Japanese names have stolen the show this week, with Mitsubishi UFJ Trust and Banking (MUTB) raising $1.25bn from a US-driven bond, to be quickly followed by Mitsubishi UFJ Lease & Finance opening books for its second dollar outing of the year.

Worldpay, the UK payment processing company, floated for £2.16bn on Tuesday, in the largest initial public offering in London since Glencore’s in 2011, and the fifth largest in Europe since the financial crisis.

Bravida, the Swedish electrical, heating, plumbing and ventilation systems installer, narrowed the price range of its IPO on Tuesday morning, inside the top half of the original range, meaning the deal is likely to raise at least Skr2.8bn (€305m).

Denox Environmental & Technology Holdings is slated to seek a listing hearing with the Hong Kong Stock Exchange this week, with pre-marketing likely to start the following week if the IPO is approved.

Mizuho Financial Group and Mitsubishi UFJ Trust and Banking (MUTB) are out in the dollar bond market, releasing guidance for their respective offerings on Tuesday.