Credit Suisse

Shui On Development has hit the syndications market for a $150m three year borrowing guaranteed by parent Shui On Land. The firm is the latest name to tap the bond and loan markets in quick succession.

Shares in OneSavings Bank, the UK challenger bank, closed 6.2% lower on Tuesday after US private equity firm JC Flowers & Co completed its second block trade of stock in the bank since its £143m IPO in June 2014.

Chinese issuers Fujian Yango Group and Tewoo Group Co, alongside Fullerton Healthcare Corp from Singapore, are wooing investors for their respective dollar bonds with roadshows set to take place this week.

German auto parts maker Adler Pelzer Group drove into a European high yield bond market already loaded with offerings from other six borrowers on Wednesday, but it stood out as a rare chance for investors to buy a single-B rated bond.

Japfa Comfeed Indonesia sealed a $150m bond on Thursday, exceeding both its pricing and size targets, as an improved credit profile and a conducive market backdrop contributed to the deal’s success.

Singapore’s Viz Branz Holdings called off a S$213m ($151m) IPO on the night it was due to price, indefinitely postponing its comeback to the public markets.

Credit Suisse may be about to bow to investors’ wishes and give up the idea of floating its Swiss Universal Bank, opting instead for a capital increase, which could come as an accelerated deal. A statement may come on Friday when the bank publishes its annual report.

New deals marketed this week by US borrowers Owens-Illinois and Federal-Mogul pushed reverse Yankee issuance to 25% of the €22bn of euro high yield issuance so far in 2017.

Hong Kong-listed Fosun International is back in the syndicated loan market for $650m equivalent to refinance a $800m deal raised two years ago.

Credit Suisse’s Hong Kong office saw two senior departures in investment banking and equities, following news last week that six were leaving the equities team.

Argentina returned to the Swiss market for the first time in nearly 20 years on Thursday to print a Sfr400m ($403m) three and a half year bond.

Emperor International Holdings, Xinjiang Guanghui Industry Investment (Group) Co, Japfa Comfeed Indonesia and Zhuhai Huafa Group Co ventured into the debt market on Thursday, following some recovery in credits in the US overnight.