Morgan Stanley

Singapore Telecommunications (Singtel) raised $500m through a 10 year bond on June 23, pulling off a big coup by not only pricing the deal tightly but also finding an opportune window to execute its trade.

Export-Import Bank of Korea (Kexim) completed its return to dollars in style this week, selling a SEC registered dual tranche deal that drew over $2bn of demand. Amid a high level of volatility due to concerns over Greece, bankers chose a good window for the Korean policy bank, which was able to meet its size and pricing goals.

The sense that green shoots are appearing in Russian equity capital markets was strengthened on Tuesday evening (June 23) by the European Bank for Reconstruction and Development’s sale of part of its stake in Lenta, the hypermarket chain.

The UK Debt Management Office kicked off its syndication schedule for the 2015-16 financial year with a bond that was more than two times subscribed.

ABN Amro shrugged off Greece concerns and surprised the market with a blowout tier two trade on Tuesday, drawing €8bn of orders from a starving market.

Legend Holdings has lived up to its name with its Hong Kong IPO, raising an impressive HK$15.10bn ($2bn) before greenshoe via a deal that saw no price sensitive investors but only those ready to gobble up the Lenovo owner's stock.

A trio of investment grade names launched new deals on Tuesday as Asian bond bankers were bolstered by hopes that Greece's latest budget proposals would stave off a debt default and lead to a deal with creditors later this week. But they believe the market is still volatile and as a result only strong high grade names will be able to get deals done.

Healthcare-based Universal Medical Financial & Technical Advisory Services Co and Harmonicare Medical Holdings made their presence felt in Hong Kong on Monday as they launched IPOs worth a combined HK$6.06bn ($781.71m).

Export-Import Bank of Korea (Kexim) has mandated seven banks to work on its return to the dollar bond market which could be as early as this week.

The eurozone’s angst over Greece slowed down the high yield market this week, with only two deals priced. The second of these was Worldwide Flight Services’s €225m unsecured bond.

Red Star Macalline Group Corp priced its IPO in Hong Kong at the top of the range on June 19, raising HK$7.22bn ($931.34m) for the furniture retailer-cum-shopping mall owner that has been dubbed China’s answer to Ikea.

Jardine Cycle & Carriage is planning to raise S$1.03bn ($772m) from a one-for-nine rights issue, with the aim of repaying loans it took on earlier this year to fund its acquisition of a stake in Thailand’s Siam City Cement Public Company.