Credit Suisse

Cromwell European Real Estate Investment Trust has raised €150m from a share placement that was oversubscribed, allowing the issuer to exercise an increase option.

SriLankan Airlines made a triumphant return to the dollar market on Thursday, pricing a $175m bond on the back of a $1bn order book.

Singapore-listed Cromwell European Real Estate Investment Trust (Reit) is planning to raise up to €102.17m ($115.3m) through an equity placement to fund the purchase of six properties in France and Poland.

E-commerce giant Alibaba Group Holding’s planned IPO of up to $20bn in Hong Kong is set to trigger a wave of other technology listings in the city, if successful. The timing couldn’t be better, as the US sets its sights on Chinese companies listed in New York. Gina Lee and Jonathan Breen report.

Chinese video-based social media platform YY pocketed $850m from a well-timed dual-tranche convertible bond. The deal — launched after repeated indications of interest in US-listed stocks — landed on a burst of risk appetite that followed US president Donald Trump’s tweet confirming his meeting with Chinese leader Xi Jinping at the G20 gathering in Japan next week. Jonathan Breen reports.

Thailand saw a burst of block trades this week as Singapore’s sovereign wealth fund cleaned up its position in local property developer Land & Houses and BTS Group Holdings sold a chunk of VGI Global Media stock.

Hong Kong’s securities watchdog has fined Credit Suisse HK$2.8m ($357,770) for failing to meet disclosure requirements when publishing research reports about Hong Kong-listed securities.

Nasdaq-listed Chinese social media platform YY hit the market with an $850m dual-tranche convertible bond on Wednesday.

Infineon Technologies, the German semiconductor maker, has raised €1.54bn of fresh equity to finance its takeover of Cypress Semiconductor, an American rival, via an accelerated bookbuild.

Financial institutions piled most of this week's debt supply into a busy Monday session, with BPCE, Crédit Agricole, Credit Suisse and KBC Group all launching senior deals for the minimum requirement for own funds and eligible liabilities (MREL) at the same time. All four lenders came close to fair value for their offerings.

China’s Ascentage Pharma Group International and CIMC Vehicles kicked off pre-marketing for their respective Hong Kong IPOs on Monday. Both are expected to launch bookbuilding by the end of June.

Singapore’s sovereign wealth fund GIC has bagged Bt9.1bn ($290.7m) after offloading its position in Thai property developer Land & Houses, according to a source close to the deal.