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Surya Bhattacharjee, a director in BNP Paribas’ Latin American debt capital markets team, has left the French lender, according to a source familiar with the situation.
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Indiabulls Housing Finance is out with the first large follow-on offering of the post-summer season, with the mortgage lender launching a Rp33.30bn ($500m) deal on Wednesday.
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As if to prove that it was not put off its stride by yesterday’s news that Citi had hired its chief equity block trade banker, Goldman Sachs is at the centre of tonight’s accelerated bookbuild business with two trades.
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Unicharm, a Japanese maker of nappies and sanitary towels, launched an unusual ¥50bn ($419m) convertible bond on Tuesday September 8, with an exceptionally high offer price of 111.5.
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Swisscom had the benchmark market to itself for a 10 year print on Tuesday and, while some syndicate bankers are bemoaning the slow start to the week, the Swiss telecom operator was able to draw a hefty order book while tightening sharply from initial guidance.
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The European Stability Mechanism has added another chapter to the euro market’s autumn renaissance with the largest benchmark from a supranational or agency in 18 months.
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Akelius Residential Property, the Swedish property group, was the only borrower roadshowing on Tuesday for a speculative grade bond in Europe, but bankers said investor feedback was positive.
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OSN, the Dubai-based subscription television company, has signed its second syndicated loan for $400m, which was twice oversubscribed.
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Credit Suisse and Achmea Bank both launched fixed rate notes on Tuesday while Skandinaviska Enskilda Banken’s successful floater proved the format’s value in uncertain markets.
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FBD Holdings, the unrated Irish insurance company, told investors in August it would be exploring the option of a bond offering before Solvency II regulations take effect next year, but Irish news media report the deal has been shelved.
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Egypt’s Banque Misr is planning a loan for around $200m and will mandate lead banks next week, according to an official in talks with the bank.
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The Export-Import Bank of China (Chexim) has mandated banks for a US dollar bond, which will be issued under an MTN programme that comes backed by loans.