Citi

The transition to net zero sparked a record wave of mergers and acquisitions activity related to ESG in 2021, but banks are fighting over a fee pool that is still small and hard to define, writes David Rothnie

In the first few days of the year, real estate has made up more than a third of investment grade corporate issuance

Cyprus concession looks higher than other SSAs this week, but bankers blame rating rather than systemic widening

Blowout deal leads to top-end pricing for jumbo W12.8tr ($10.8bn) listing

The airline achieved its longest tenor on a dollar bond, in only its second outing

The motto at Citi’s Asian investment bank is that it is the bank for all seasons.

Wild swings in the equity market, unpredictable moves by Chinese regulators and multiple resurgences of Covid-19 across Asia made 2021 a remarkable year. Banks had to move quickly, adapt and retool their ECM franchises to remain relevant.

The GlobalCapital Asia Best IPO for 2021 is South Korean firm KakaoBank Corp's W2.55tr ($2.1bn) IPO.

GlobalCapital Asia's Best Follow-on/Accelerated Offering and Best ECM Deal for 2021 is Prosus' HK$114.17bn ($15bn) sell-down of shares in Tencent Holdings.

Trio of SSA names in sterling, as major issuers say market is fundamentally more resilient

German issuer continues its streak of issuing century bonds in January

Four companies raised $4.8bn in the euro bond market on Tuesday as others held back deals to avoid traffic