United States

Two senior leveraged finance lawyers have switched firms from White & Case to Allen & Overy in New York, following Jake Mincemoyer, who joined A&O as head of US levfin in February.

China’s Full Truck Alliance (FTA), an Uber-like service for trucks, is planning an IPO on the New York Stock Exchange, having filed a prospectus with the US regulator.

AstraZeneca, the UK drug company, showed the eager demand for merger and acquisition financings this week when it achieved ultra-tight pricing on a $7bn bond issue to fund its acquisition of US biotech firm Alexion Pharmaceuticals.

GlobalCapital is delighted to announce the winners of its Americas Derivatives Awards for 2021.

Kanzhun, China’s largest online recruitment platform, is planning a $100m listing of American depository shares on the Nasdaq.

AMTD Digital, the digital unit of Hong Kong-based AMTD Group, has set in motion a $100m IPO on the New York Stock Exchange.

UnitedHealth Group finally sealed its $7bn merger and acquisition-related bond deal after a week-long delay, but it was stung by secondary market volatility as inflation fears remained top of investor minds.

Dollar corporate bond issuers had to pick their windows carefully this week, as inflation worries and hawkish minutes from the Federal Reserve’s latest meeting hit new issue spreads.

Cryptocurrency exchange Coinbase’s $1.25bn foray into the convertible bond market this week may be a sign of cryptos going mainstream. But the sight of such a borrower raising vanilla equity capital was not necessarily something to cheer about.

Angel Pond Holdings Corp, a special purpose acquisition company backed by Alibaba co-founder Simon Xie, has raised $250m from a New York Stock Exchange IPO.

Shares in Coinbase plunged more than 10% at the open on Wednesday after the US cryptocurrency exchange operator sold $1.25bn of convertible bonds and suffered a serious outage of its platform that stopped many users from trading.

Chinese road freight company ForU Worldwide is planning a Nasdaq offering of American depositary shares (ADS). It is looking to raise at least $100m.