Morgan Stanley

Dave Sandor, a member of Morgan Stanley’s ECM team who focused on equity-linked products, has left. The firm has no immediate plans to replace him.

Ineos, the Swiss-registered chemicals company, has brought forward the deadline for its bond-to-loan refinancing, after nearly doubling the size of the deal on Friday.

The euro senior market was off to a quick start on Monday, with Allied Irish Banks and Deutsche Bank opening the market with five and 10 year deals.

AIA Group returned to the international bond market last week, printing a $750m 10 year bond that targeted US investors.

Turkish bank Akbank has mandated six banks for a five year dollar bond.

Bankers working on the Indonesian IPO of Mitra Keluarga Karyasehat are guiding investors to the middle of the price range offered during bookbuilding, at which level the hospital operator would raise Rph4.26tr ($327.2m).

ICBCIL Finance, a wholly owned subsidiary of Chinese lender ICBC’s leasing arm, has picked four banks to work on its inaugural outing in the international bond market.

Shareholders in OW Bunker are investigating expanding evidence surrounding the Danish oil bunkering firm’s ill-fated IPO, with a view to suing the firm’s private equity seller, Altor, and the firms that worked on the listing, including its global co-ordinators Morgan Stanley and Carnegie. Olivier Holmey reports.

The tier two market rocketed back into action after a nearly two week hiatus on Wednesday, with Santander Issuances and KBC Group hitting the undersupplied sector and quickly building bumper books.

Campofrio Food Group, the Spanish processed meat producer, priced its €500m bond a day early on Tuesday at 3.375%, in an eager high yield market.

Cowell e Holdings — a maker of front-end camera modules for mobile devices — has begun testing investor appetite for its $150m-$200m IPO, with its link to Apple expected to be a key selling point.

Malaysia’s state oil company Petroliam Nasional (Petronas) is gearing up to issue its first dollar sukuk in almost six years, having mandated five banks to run a series of roadshows in Asia, Europe and US.