Morgan Stanley

China’s Tianhe Chemicals Group launched its HK$6.34bn ($818m) IPO on June 3 and investors are having plenty to do in order to figure the transaction out. There are no direct comparables for the Liaoning based firm.

Sinotrans returned to the offshore renminbi market on Tuesday with a three year transaction. It is the Chinese state owned logistics company’s second time issuing in CNH since its debut in 2011.

Cosmo Lady enticing investors with $200m IPO — Franshion to start PDIE for $400m hospitality spin-off — Frasers Centrepoint on the road for S$600m trust — Samsung Everland plans IPO

Matalan Finance, the parent company of British clothing retailer Matalan, announced on Friday the results of its cash tender offer for £475m of outstanding notes, a fortnight after pricing two new bonds totalling £492m.

If América Móvil can’t, no one can. That is the message from Latin American DCM bankers and bond buyers as the Mexican telco prepares to bring back local currency issuance to the region with the first reopening of its innovative títulos de crédito extranjero programme in more than a year.

Wells Fargo continued the slew of big ticket issuance from financial names with a $4.5bn deal that pushed its total dollar funding in the past six weeks beyond $8bn.

French insurer CNP Assurances highlighted the scale of demand for sub debt from insurance companies on Tuesday, drawing a monster order book for its first deal in almost a year.

The leveraged loan market has hosted some atypically big M&A deals over the last few months, including most recently €7.5bn for DE Master Blenders. But these attention-grabbing deals cannot hide the continued paucity of deals in the mid-market.

Three banks are lined up to provide underwritten debt financing of $600m-$650m to back KKR’s S$1.399bn ($1.1bn) buyout of Singaporean packaging company Goodpack, in what is the private equity firm’s largest ever investment in southeast Asia. But with the deal expected to take Goodpack’s total debt to Ebitda ratio to as much as 6.5 times, bankers say any takeout will be best served by the US term loan B market, writes Rashmi Kumar.

Joyful Horizon, an affiliate of Chinese private equity firm Hony Capital, sold HK$3.75bn ($484m) of shares in CSPC Pharmaceutical Group on May 26.

Sinotrans will meet investors for a proposed offshore renminbi bond as the borrower looks to sell its second deal in the market after making its debut in 2011.