Morgan Stanley

Of Monday night’s two other block trades, besides the sale of shares in Spire Healthcare, one went well and was increased, while the other – in Al Noor Hospitals, was not covered.

Abengoa, the Spanish engineering and renewable energy firm, on Thursday ticked the savings box with €375m of senior unsecured notes that achieved final terms below the 8.5% 2016 bond they are set to repay.

The FIG market could be set for a spate of issuance from the eurozone’s periphery in the coming weeks, with bankers tipping other financial institutions to follow Spanish pair CaixaBank and Ibercaja into the primary market.

Bahrain’s Ahli United Bank has mandated Goldman Sachs, HSBC and Morgan Stanley to arrange a tier one dollar bond.

The management of lingerie maker Cosmo Lady China Holdings has raised HK$796.8m ($103m) by selling shares, taking advantage of the recent stock rally to recoup some of their investment.

Central China Real Estate is looking to stand out in a crowded Asian bond market by offering investors a tasty price concession on its five year bond on April 14.

China Communications Construction Co (CCCC) has opened books to its maiden deal in the international bond market, having chosen a rare senior perp structure for a debut issue.

Cinven has resumed the selldown of its stake in Spire Healthcare, the UK private hospital company it bought in 2007 and floated in London last year.

Japan Finance Organisation for Municipalities is set to add to a recent splurge of seven year dollar issuance on Tuesday, after mandating banks for a RegS deal on Monday.

Citic Capital Financial Holding exited its holdings in China Cinda Asset Management via a clean-up trade on Thursday, raising HK$1.09bn ($140.47m). The block was launched amid a 30% rally in China Cinda’s shares, but that proved no barrier as investors were more than happy to get their hands on the deal.

Moroccan phosphate group OCP has mandated banks for a series of investor meetings for a 144A Reg S dollar bond.

Malakoff, an independent power producer, has attracted 11 domestic cornerstone investors for almost 75% of its MR2.74bn ($744.16m) IPO, in a strong show of support for what is the biggest IPO in Malaysia since 2013.