Credit Suisse

Syndication of the acquisition financing loans for Lonza and Sibanye Gold is expected to begin soon, as loans bankers begin 2017 in an optimistic mood.

Bank of Cyprus announced a roadshow for its first new-style tier two bond on Wednesday, in a move that will shed light on the strength of risk appetite in the FIG market as investors take a close look at the rare borrower.

BDO Unibank has fixed the terms for its Ps60bn ($1.2bn) rights issue, marking a rare — and large — appearance in ECM from the Philippine lender.

Credit Suisse has rejigged its Singapore country management team with the appointment of a new chief executive, deputy CEO and branch manager, all effective from January 1.

In the looking-glass world of Swiss franc bonds, unrated companies and Austrian banks have issued at negative yields, writes Silas Brown. Starved of return, Swiss investors will look at a broader range of foreign and even high yield paper than ever before.

Europe’s convertible market is no longer dripping with superlatives as 2017 begins — middling performance and mild outflows have taken out some of the heat. That may be a good thing, as investors may get more of the deals they like: for companies whose credit needs some looking at, but with interesting equity stories. Aidan Gregory and Jon Hay report.

The Swiss market shed roughly Sfr3bn ($2.93bn) of foreign issuance this year from last year. Expensive basis swaps and cheap funding for investment grade borrowers in euros and dollars drew foreign issuers away. But, if global rates rise next year, the foreign borrowers will return, Swiss bankers say.

School textbook publisher S Chand and Co has submitted a listing application to the Indian regulator, offering new as well as secondary equity.

China Vanke Co bagged $600m on Thursday from its first international bond in more than three years, sneaking into the market the day after the Federal Reserve announced a rate hike.

Meitu, creator of the popular Chinese selfie editing app, failed to live up to its promise when the stock debuted on Thursday in Hong Kong, shedding as much as 2%.

Local government financing vehicle (LGFV) Xuzhou Hi-Tech Industrial Development Zone State Asset Management Co and property developer China Vanke Co announced their respective dollar-denominated bonds on Thursday, following the US Federal Reserve’s decision to lift interest rates.

Deutsche Telekom and Hellman & Friedman have sold a 6.5% stake in Scout24, the German classified advertising website company, for €224m, through an accelerated bookbuild launched on Monday night.