Credit Suisse

ESR Cayman is poised to launch its Hong Kong Stock Exchange IPO next week.

GlobalCapital is pleased to announce the winners of its 2019 Americas Derivatives Awards, revealed at a gala dinner at the Metropolitan Club in New York on Thursday May 30. As ever, the awards recognise the firms and innovations that have advanced the derivatives markets during the last 12 months.

Credit Suisse Group made its debut in the Singapore dollar market on Wednesday, finding a significant price advantage for its perpetual tier one bond in the new currency.

Switzerland’s Sucafina has renewed its $300m syndicated loan, with all 11 banks that lent to the coffee trader’s debut in 2017 rejoining the deal as bankers say there is still not enough business to go around.

Online education platform GSX Techedu has launched the deal roadshow for its New York Stock Exchange IPO, in which it is targeting proceeds of up to $227.7m.

Huarong Asset Management Co hired 30 banks to lead its triple tranche transaction on Thursday, relying on some orders from the leads to secure $1.9bn.

The Swiss franc market for corporate borrowers sprang back to life this week, with more than Sfr1bn priced within a single session on Wednesday. Even against the backdrop of demonstrable pent-up demand for corporate exposure among investors, Zurich-based bankers said they were pleasantly surprised by how effortlessly the market absorbed this week’s new supply.

Mulsanne Group Holding broke new ground this week by pricing its IPO below the initial marketed range, debuting a mechanism introduced to the Hong Kong stock market just last year. The move could become more common in the city if US-China trade tensions continue to ramp up market volatility, according to equity capital markets bankers. Jonathan Breen reports.

High yield property company Kaisa Group Holdings sold its third dollar bond of the year on Wednesday, riding on the high of its recent rating from Moody’s to raise $400m.

Indiabulls Housing Finance raised $350m in its debut dollar transaction on Tuesday.

Chinese clothing company Mulsanne Group Holding has priced its Hong Kong IPO below the indicative range, citing volatile markets fueled by the US-China trade war.

Gran Tierra Energy, the Canada-listed oil and gas company that mostly operates in Colombia, ventured into bond markets for the second time on Monday to sell $300m of debt at a pick-up to its existing notes.