Morgan Stanley
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Investors piled into Southern Copper’s 10 and 30 year bonds on Monday in what a banker on the deal said was only the second new issue from a metals and mining credit in any markets so far this year. -
Doosan Heavy Industries & Construction has opened books for its first dollar bond in the offshore market on Monday, having completed a global roadshow last week.
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E-commerce based Baozun Inc is seeking an IPO on the Nasdaq to raise $200m, in what will be the first US listing of a Chinese technology firm exceeding $100m since December 2014.
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Hony Capital has made a full exit from CSPC Pharmaceutical Group after having gradually trimmed its stake over the past two years, taking advantage of the recent rally in the Hong Kong index to net a whopping HK$9.78bn ($1.26bn) on April 16.
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Merlin Properties, the largest Spanish real estate investment trust, has announced a fully underwritten rights issue, to raise €613.8m, a 50% capital increase. It is also considering bond issuance in future.
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Some senior unsecured FIG borrowers in euros were met with a less than stellar response from investors this week.
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Pennon Group, the UK water, sewerage and waste management company, raised £100.3m on Thursday with a 3% equity capital increase to finance the acquisition of Bournemouth Water.
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Morocco’s sole international corporate bond issuer returned for its second ever benchmark deal this week. The firm found size and tight pricing, printing a $1bn 10.5 year note well inside its secondary curve, said bankers on the deal.
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Moroccan fertilizer company OCP on Wednesday priced its second ever international bond deal just a few basis points back of its extrapolated curve, investors said.
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China Cinda Asset Management was at the heart of two blocks within a span of just a few days, as shareholders UBS and Citic Capital Financial Holding trimmed their holdings amid an intense rally in the company’s share price.
