United States

Tencent Music Entertainment Group has started pre-deal investor education for one of the highest-profile IPOs by a Chinese firm in the US this year.

Hong Kong-based blank cheque company Alberton Acquisition has filed for approval to list on the Nasdaq.

Elon Musk seems to have walked away relatively unscathed from his brief jostle with the US Securities and Exchange Commission (SEC), and Tesla’s board must now deal with the mammoth task of trying to control the impulsive chief executive.

Amphenol Technologies, the European subsidiary of a US fibreoptic cable connector firm, sold its first bond in euros on Monday. Despite a weaker secondary tone, demand for the 10 year deal justified the issuer’s decision to press ahead with the trade.

MetLife chose to come to market with a bulldog bond on Tuesday, looking to sell funding agreement-backed securities (FABS). It became the issuer’s smallest sterling trade since 2006 with a barely subscribed book.

The US Commodity Futures Trading Commission (CFTC) on Monday unveiled a much touted white paper on how the organisation's chairman, Christopher Giancarlo, would like to overhaul US oversight of foreign swaps markets.

Chicago Mercantile Exchange (CME) Group on Monday released clearing for OTC swaps based on the secured overnight financing rate (Sofr), the preferred benchmark to replace dollar Libor.

Thirteen companies that produce 30% of the world’s oil and gas have committed to reducing methane waste by a fifth, and will try to cut it by a third. The decision comes a few days after ExxonMobil, Chevron and Occidental joined an industry group on climate change. But analysts warn that there are many caveats to this good news.

European banks took advantage of US bank earnings blackout to print trades amid robust demand from investors this week.

US healthcare company Abbott Laboratories debuted in the European corporate bond market on Monday, selling a €3.42bn triple-tranche deal. The proceeds of the jumbo deal were to repay the issuer’s outstanding deals in dollars.

Corporate dollar bond issuance ended a bumper month with a whimper as borrowers fought shy either side of the Fed’s September meeting.

A weak term that was built into the bonds backing Blackstone’s leveraged buyout of Refinitiv last week has also been included in a $1.625bn high yield bond being marketed this week for KKR’s buyout of Envision Healthcare.