Morgan Stanley
-
Portugal attracted more than €5.5bn of demand for the first syndicated deal from a peripheral sovereign since mid-June on Wednesday.
-
Cigarette maker Philip Morris flagged off pre-deal investor education for an up to Rph26.70tr ($1.92bn) follow-on transaction in its Indonesian subsidiary HM Sampoerna on September 2, with the process set to run for two weeks.
-
The share price of Paris-listed Ingenico plummeted on Friday, even as the Cac 40 index rose, after it was reported that the firm was considering a merger with UK payment processing company Worldpay.
-
Portugal will become the first eurozone periphery sovereign to test the post-summer syndication market — but its choice of tenor has been limited by several weeks of turmoil in global markets.
-
Banque Fédérative du Crédit Mutuel has burst back into the market shortly after a summer blackout, raising €600m with a spree of floating rate medium term notes.
-
NL Financial Investments, the organisation that handles the Dutch state’s shareholdings, has selected eight investment banks as bookrunners and co-lead managers for ABN Amro’s highly anticipated flotation.
-
Mediclinic, the South African healthcare group, achieved strong pick up on its R10bn ($770m) rights issue to fund its takeover of Cinven’s remaining stake in London-listed Spire Healthcare.
-
Samsung Bioepis, the pharmaceutical arm of Korea’s Samsung Group, is planning a highly-anticipated IPO on the Nasdaq in 2016, and has dished out mandates for the listing to four banks.
-
Additional tier one volume in Q2 2015 fell more than $20bn on the previous quarter after Greece and China-related volatility kept issuers at a distance. But as issuance resumes, analysts estimate there is plenty more to come.
-
The collapse of Afren, the once-proud London-listed oil exploration and production company with three bond issues to its name, is a shocking reminder of the risks investors face in emerging markets, and of how even some of the most sophisticated players in financial markets can get things drastically wrong.
-
An Emirati financial has mandated banks for a tier one dollar transaction, adding to the Middle East post-summer pipeline.
-
Poseidon Containers, the Greek shipping company, has suspended its plan to list on the New York Stock Exchange, blaming unfavourable market conditions.