Nestlé feeds investors' craving across the curve with €2bn triple
Just three months after Nestlé last extended its corporate bond curve, the Swiss food group is back in the market. On Friday it pushed its range of maturities even further.
View ArticleGoldman, Morgan Stanley lead Cabot Credit flotation
Cabot Credit Management, the biggest debt collector in the UK, launched its highly anticipated IPO on Friday, adding its name to the already vibrant list of companies preparing to go public in London...
View ArticleCorporate bond week ahead: ECB the focus but demand continues to grow
Bond market views vary as to what European Central Bank president Mario Draghi will announce after Thursday’s ECB meeting. However, corporate bond syndicate desks are all very clear about the rude...
View ArticleAroundtown pockets €450m of equity to grow its portfolio
Aroundtown, the German commercial property company, raised €450m of growth capital on Thursday night in a share sale led by Goldman Sachs, Berenberg and Deutsche Bank.
View ArticleKimi auto deal races past finish line at narrow spreads
Santander Consumer Finance has priced the sixth transaction in its Kimi auto ABS series, ratcheting inside of the historical spread differential between Finnish and German auto paper.
View ArticleFiji’s example to help as IFC talks green bonds with SE Asian banks
The main purposes of Fiji’s green bond issue are to highlight the importance of climate change, especially to island states, and to “lead by example” for other issuers in the Pacific region, said...
View ArticleHyderabad Airport soars with $350m debut
The Indian operators of Hyderabad Airport pulled off the tightest high yield dollar corporate bond ever sold in India on Thursday, despite the Diwali public holiday.
View ArticleChina Merchants pulls off tight AT1 debut
China Merchants Bank priced its debut Basel III-compliant additional tier one dollar bond on Thursday, closing the bond 10bp inside its main comparable after a small size and some rarity value proved...
View ArticleKia drives away with $900m bond
Kia Motors Corp found nothing but clear roads in the bond market on Thursday, after a moment of traffic briefly delayed its $900m dual-tranche transaction.
View ArticleThe week in renminbi: SZSE seeks BRI Panda bonds, officials tout freer RMB...
The Shenzhen Stock Exchange (SZSE) wants Panda bond issuers to raise RMB funding in Shenzhen for Belt and Road projects, the governments of Guangdong, Hong Kong and Macau plan new scheme to allow...
View ArticleChina Literature opens books for $1.1bn HK listing
Tencent-backed China Literature has kicked off bookbuilding for a Hong Kong IPO that could raise up to HK$8.32bn ($1.07bn), according to a term sheet seen by GlobalCapital Asia.
View ArticleHuaneng Group powers up senior perp
Chinese state-owned power company China Huaneng Group opened the week with a senior perpetual bond following an Asian roadshow that took place last week.
View ArticleChina IPOs pitch big data ambitions in US
Jianpu Technology has filed for a $200m listing of American Depositary Shares, tapping three bulge bracket banks as underwriters. Hong Kong-based iClick Interactive Asia Group, meanwhile, is eyeing $100m.
View ArticlePress Metal plots dollar bond debut, eyes $400m
Southeast Asian issuers have been largely absent from a bumper crop of dollar bond supply in the region over the last few weeks. But Malaysian aluminum producer Press Metal Aluminium Holdings is...
View Article13 Holdings preps rights for stalled Macau project
Hong Kong-listed 13 Holdings is planning a rights issue of up to HK$1.15bn ($147.8m) to help restart the development of its luxury Macau destination The 13 Hotel.
View ArticleKexim serves up dollar duo
The Export-Import Bank of Korea (Kexim) hit the offshore market yet again on Tuesday with a dual tranche dollar bond, a month after the South Korean issuer sold a Singapore dollar deal and a Formosa bond.
View ArticleBOC Aviation swoops for dollar tap
BOC Aviation is looking to add to its September 2027s, a month after the aircraft leasing company sold the initial $500m deal.
View ArticleMahindra Logistics sets price for $128m IPO
Mahindra Logistics has announced the price range for its IPO, which is expected to launch at the end of October.
View ArticleFinancial secretary weighs in on HK dual class
Hong Kong’s financial secretary has weighed in on the push for dual class shares in the city, saying it should be allowed if the right safeguards are in place.
View ArticleCapitaLand rakes in S$700m through rights issue
CapitaLand Commercial Trust (CCT) has raised S$700m ($514.7m) from a rights issue after a flood of excess applications pushed the deal to nearly twice subscribed.
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