News content
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Energy company Medanito will hit the road this week to meet fixed income investors ahead of a maximum $150m deal as Argentine borrowers continue to show interest in international markets despite the small size of most companies in the country.
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Bank of Zhengzhou started gauging investor appetite for its IPO of roughly $600m on December 7, as the last of the Chinese city commercial lenders prepares for a Hong Kong listing this year.
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Industrial and Commercial Bank of China’s London branch has established a $10bn MTN programme, paving the way for the unit to issue its first international bond.
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A fundraising for a unit of China National Chemical Corp is set to increase to €630m ($683.6m) from the launch size of €600m, after more than 10 banks piled into the syndicate.
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European regulators have ditched a long-running investigation of 13 major banks on charges of collusion in the credit default swap market, citing insufficient evidence.
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The UK Debt Management Office has updated its fundraising programme for the first three months of 2016 and will tap the ultra-long end for its final syndication.
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Agence France Locale printed its first bond denominated in dollars this week.
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The European Central Bank’s decision to include local and regional debt in its public sector purchase programme is set to ease one sub-sovereign’s path to becoming an annual visitor to the public markets, according to its head of funding.
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Crédit Agricole braved the markets on Friday to price its third transaction in Swiss francs this year.
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Zumtobel, the Austrian lighting manufacturer, made one change to its seven bank syndicate in a €500m loan refinancing.
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China Nuclear Engineering Group Corporation (CNEC) is hoping to launch what will probably be the last dim sum bond of the year. However, the borrower is struggling to get the debut off the ground, as it is pushing to issue at a level that is much lower than market rates, several sources close to the deal have told GlobalRMB.
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China Energy Engineering Corp’s HK$14bn ($1.81bn) Hong Kong IPO, which priced at the bottom of the range on Thursday, was comfortably covered even though retail investors failed to take up all the shares they were entitled to.