Morgan Stanley

China Biologic Products, the Nasdaq-listed biopharmaceutical firm, sold an increased offering of American Depositary Shares (ADS) on June 9 to raise $315m, as books closed a day earlier on the back of strong demand.

Wednesday was another deal-less day for Europe's investment grade corporate bond market, as choppy conditions led borrowers to shun issuing — despite a packed pipeline.

CMA CGM, the French shipping group, raised €175m on Tuesday by tapping its €550m senior unsecured bond, sold on Wednesday last week, when it abandoned a planned dollar tranche.

National Bank of Abu Dhabi set price thoughts on its first ever international subordinated bond at 5.375% on Wednesday morning. Debt bankers away from the trade doubted the issuer could make a sub-5% finish.

Public sector bond markets are under threat from violent price moves and low liquidity for months to come, warned SSA bankers, after government bonds sold off sharply on Wednesday.

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.