Credit Suisse

Singapore-based Fullerton Healthcare sealed an inaugural dollar-denominated perpetual from a company in the healthcare sector in Asia, bagging a larger-than-expected $175m from its first dollar outing on Thursday.

Athens-listed Motor Oil Hellas Corinth Refineries sold a sub-benchmark size note on Thursday, the second Greek corporate deal in the euro high yield market so far this year.

Asia ex-Japan G3 DCM volume reached a new high in the first quarter, with high yield names staging a resurgence. Chinese borrowers dominated the market, but given their deal timing is being tightly regulated, high yield credits from the rest of Asia are jumping into action, buoying sentiment for the next quarter. Addison Gong reports.

Gates Global, the US power transmission belt maker, rescheduled commitments for a euro term loan add-on to Thursday, after increasing it by nearly €200m from around €275m. The move came in a week when JP Morgan analysts and others voiced concern about risks in the leveraged finance market.

Credit Bank of Moscow reopened the new style tier two market for Russian issuers in style on Wednesday with a $600m deal that was five times subscribed.

With the prospect of a partial IPO of the Credit Suisse domestic unit receding, a pillar of its CEO Tidjane Thiam’s strategy for turning the bank around has been thrown into doubt and raised more uncertainty about the bank's future, writes David Rothnie.

Shares in Neinor Homes, the Spanish home builder owned by Lone Star Funds, closed 3% above their IPO price on Wednesday after it made its debut in Madrid, in a show of investor confidence in the economic recovery in Spain.

Credit Bank of Moscow was on track to print its first Basel III compliant deal and had taken books of $1.7bn by Wednesday morning.

Chatter about the 'Trump Dump' as investors lose confidence in US economic stimulus may be intensifying, but it has not produced the equity correction predicted, and capital markets in Europe are ploughing ahead, unfazed by the UK's triggering of Article 50 on Wednesday.

Korea Expressway Corp and JSW Steel have mandated banks for new international dollar deals as the first quarter draws to a close.

Paul Tregidgo, vice-chairman of debt capital markets at Credit Suisse, will be leaving the bank on Friday, after a 31 year career.

The IPO of Galenica Santé, the retail pharmacies unit of the Swiss pharmaceutical group Galenica, was covered throughout its price range by Tuesday morning, less than two working days into the bookbuild.