Nomura

Indian issuers thronged the offshore bond market this year, with volumes from the country easily beating 2018 numbers. But cracks in the market have started to show. While deal flow will be strong in 2020, concerns around the health of the financial sector and the changing status of state-owned enterprises are keeping investors on edge. Morgan Davis reports.

Roland Domann has joined Nomura to look after the asset and liability management and insurance solutions structuring team focusing on European pension fund and insurance clients.

Groupe BPCE benefited from a bookbuilding process that was shorter than usual on a visit to the Samurai bond market this week, raising about $670m equivalent of preferred and non-preferred senior debt.

A number of untested European companies have made their entrance to the international high yield bond market in the past two weeks as central banks fuel conditions that pamper repeat and new issuers alike, while driving investors into ever riskier assets in a hunt for yield. Karoliina Liimatainen reports.

SBI Cards and Payment Services filed listing documents with India’s regulator this week for an IPO of up to Rp95bn ($1.33bn). The deal is on track to be the largest listing the country has seen for more than two years, writes Jonathan Breen.

Francesco Bertocchini has joined Nomura from UBI Banca as a managing director for Italy.

Anton Oilfield Services Group returned to the the dollar market on Thursday after a two-year break. The company's story has changed since its last bond sale, and investors were ready to embrace the improved credit.

Vicky He rejoins CS — SG adds to Greater China team — Nomura promotes Tiwaari — UBS Apac ECM vice-chairman leaves — Sternby returns to UBS

Yeahka, a payments technology platform, is planning to float on Hong Kong’s stock exchange. The Chinese firm hopes to raise around $300m from the deal, said a source familiar with the matter.

Nomura has appointed Abhishek Tiwaari as head of loan capital commitments and syndicate for Asia ex-Japan, a newly created position within the bank’s client financing and solutions (CF&S) unit.

Guarantor: Swedish local government members

Rolf Petermann, a former FIG banker at Société Générale, has been hired by Nomura.