North America
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Finnish property company, Mercada, was a lone issuer in the corporate bond market on Monday. Its €175m five year deal q was printed while issuers that completed roadshows last week paused. -
Groupe BPCE returned to the dollar bond market on Monday with 10 year senior non-preferred paper, in its latest sale of the instrument in a foreign currency.
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UK-based private equity firm 3i has made its first investment in the US infrastructure sector, it said on Monday. It has acquired Minnesota’s Smarte Carte, an equipment vendor for the travel and leisure industry.
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China's PPDAI Group, an online platform for peer-to-peer loans, is sounding out investors for its $350m listing of American Depositary Shares on the New York Stock Exchange.
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Chinese after-school tutoring service Four Seasons Education has begun premarketing for its potential $120m IPO on the New York Stock Exchange, according to a source close to the deal.
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Sogou, the internet search arm of US-listed Sohu.com, has filed for a $600m IPO on the New York Stock Exchange.
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Deutsche Bank has hired a big hitter from Goldman betting on the return of volatility to credit trading.
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Sumitomo Mitsui Banking Corp returned to market as it took a combined $4bn amid red-hot funding conditions.
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Sea said its backer Tencent Holdings, the Chinese technology giant, will take up a $100m portion of the southeast Asian e-sports company’s $696m IPO in the US.
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Northrop Grumman and Wal-Mart printed the biggest deals in their history as event-driven dollar bond supply roared back to life following the Columbus Day holiday.
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Chairman of the Commodity Futures Trading Commission Christopher Giancarlo on Wednesday announced his intention to postpone a decision on the derivatives threshold that forces firms to register as swap dealers.
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Abu Dhabi Commercial Bank is set to come to market for a potential triple tranche kangaroo bond on Friday, following a deal from Emirates NBD that, according to a banker at one of ADCB’s leads, showed the market was still accessible to Middle Eastern borrowers.
