Morgan Stanley

Shandong Weigao Orthopaedic Device Company has put its $300m IPO in Hong Kong on hold after Morgan Stanley, one its joint sponsors, allegedly dropped out as a lead banker, potentially delaying the listing by at least a few weeks.

Inter-American Development Bank and KfW have got away with pricing dollar benchmarks of identical tenors on the same day although neither borrower tightened pricing from the initial price thoughts level.

Gecina, the French real estate investment trust, issued its second euro bond of 2015 on Tuesday, and had to pay a chunky new issue premium and higher yield than last time.

Brazilian aircraft manufacturer Embraer’s decision to wait to return to international bond markets appeared vindicated on Monday as it attracted a hefty book as conditions improved in LatAm credit markets.

A pair of issuers hit screens on Monday with five year mandates in dollars — and with initial price thoughts within a couple of basis points of one another.

3SBio hit it out of the park with its Hong Kong IPO, pricing shares at the top of expectations as hundreds of accounts poured into the HK$5.51bn ($712m) trade, and bankers lamented that those who got zeroed were “too many to count”.

Intesa Sanpaolo is set to price its latest five year floating rate note with a decent new issue premium relative to its FRN curve.

Legend Holdings, the conglomerate that owns Lenovo, has started testing investor demand for its $2bn IPO in Hong Kong, with the high-profile trade attracting a beeline of investors interested to come on board as cornerstones.

Nasdaq-listed China Biologic Products is marketing a sale of 2.5m American Depositary Shares (ADS) comprising a mix of new and existing shares, which could be worth $296.48m at its last close.

The owners of Worldpay have chosen Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley to lead the payment processing firm’s initial public offering.

Red Star Macalline Group Corp, known for its home improvement and furnishings shopping malls in China, has started testing investor appetite for a roughly $1bn Hong Kong IPO, which will simultaneously give investors a taste of a property and consumer story.

China National Bluestar returned to the international bond market for the second time in two weeks, raising $1bn on June 4. But this was not a standard transaction by any means and was more of a replacement for the first trade, which had been cancelled due to a contractual oversight.