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Philippine fast food operator Jollibee Foods Corp made a quick return to the dollar market on Thursday, attracting investors to its dual-tranche bond despite the impact the coronavirus has had on its business.

Lenders to Wirecard, the embattled German payments company, will have to decide whether to call in its €1.75bn syndicated loan, after its auditor EY refused to sign off its 2019 accounts, which the company announced on Thursday, sending its share price into a spiral. Markus Braun, the company's CEO, resigned on Friday.

China Oilfield Services (COSL) sold its first dollar bond in five years on Thursday, nabbing $800m from a dual-tranche deal.

Kenneth Lee, a veteran in Asia’s bond market, has left Natixis to take a new job at Mizuho.

Taiyuan Longcheng Development Investment Group Co, a local government financing vehicle (LGFV), has raised $300m from a three year bond.

Haitong International Securities Group took advantage of a wide open market this week, raising $400m from a three year bond that priced inside fair value after heavy demand from the leads.

Greentown Management Holdings Co has uploaded post-listing hearing documents with Hong Kong’s stock exchange as it prepares to launch its IPO.

Rating: Baa2/BBB-/BBB

Online casino gaming company DoubleDown Interactive has set the terms for its Nasdaq IPO, preparing the first South Korean listing on a US bourse in nearly a decade.

Running a successful securitization trustee business is all about balancing the need to sustain high levels of service, while building and maintaining scale by investing in the business. It is a difficult juggling act at the best of times, but in years of exceptionally strong volume, such as 2019, it marks the best from the rest.

2019 was a year of huge growth for the structured finance team at Morgan Lewis. With that growth, and the strong interplay of the structured finance practice with other practice areas of the firm, Morgan Lewis was able to work on some of the most interesting esoteric ABS deals of the year. The number of lawyers working in the structured finance practice grew from 45 to 60 between mid-2018 and 2020. The bulk of the new additions arrived in 2019, when seven new lawyers joined the practice in Washington, D.C, and four joined in both New York and Chicago.

The sheer amount of information, data and noise coming from the markets can be overwhelming even in the most benign periods, and investors need a reliable and impartial source to help them sort through it all. Rating agencies are a crucial conduit for this kind of analysis, and last year, the analysts at Moody’s Investors Service stood out among their peers as the most insightful, engaged, responsive and accessible research team, securing their win in GlobalCapital’s 2019 US Securitization Awards.