Morgan Stanley

China Shanshui Cement has mandated three banks to arrange a series of investor meetings next week as the Chinese borrower seeks to issue its first dollar bond in almost three years.

Indonesia’s Mitra Keluarga Karyasehat opened books for its Rph4.71tr ($367m) domestic listing on the morning of February 27, with solid anchor demand ahead of launch providing a strong footing for the IPO.

A new issue premium of around 20bp looked hefty for investment grade sovereign borrower Uruguay this week.

The Coca-Cola Company priced its biggest ever bond on Thursday, all in euros. It was the second biggest European corporate bond ever, and extended the issuer’s euro curve by 8.5 years.

The Coca-Cola Company priced its biggest ever bond on Thursday, all in euros. It was the second biggest European corporate bond ever, and extended the issuer’s euro curve by 8.5 years.

From Tokyo to Toronto to Tel Aviv, new buyers across the globe are piling into the senior tranches of US CLOs — and more experienced triple-A investors aren’t happy about it.

A trio of issuers took advantage of a lack of senior supply this week to price deals with drastically reduced new issue premiums compared to January.

Bank of Tokyo Mitsubishi UFJ (BTMU) took advantage of a red hot US dollar bond market on February 25 to raise $3bn — more than had been expected — through a triple tranche offering.

Abengoa, the Spanish engineering, construction and concessions company, is making a fresh move to cut its debt by reducing its shareholding in Abengoa Yield from 51% to 40%.

Intesa Sanpaolo drew a bumper book for a seven year senior print on Wednesday, highlighting the strong bid for an asset class that has seen minimal supply in February.

Cowell e Holdings, the first ever Korean company to seek a listing in Hong Kong, plans to start investor education for its $150m-$200m IPO on March 2.

Bank of Tokyo Mitsubishi UFJ (BTMU) is taking advantage of a rally in US Treasuries to launch what could be a triple tranche dollar offering on February 25.