Credit Suisse

Croatian food and drinks maker Agrokor has refinanced €340m of loans from VTB Bank, marking the end of a €840m loan refinancing programme.

The Swiss bank’s investment in its M&A business is targeting both ends of the deal spectrum, writes David Rothnie.

Asia’s equity capital markets recovered quickly in the wake of Donald Trump winning the White House, with most of the indices regaining their losses in Thursday’s trading. Primary issuance also took off, with some keen issuers pulling the trigger on their IPOs. Jonathan Breen reports.

Eight lenders joined the four lead banks in syndication of the loan for International Bank of Azerbaijan, which grew beyond $200m in syndication.

Doosan Bobcat got its listing across the line at the second attempt, as cheaper valuations and a willingness to accede to investors helped raise W900bn ($788.0m).

Credit Suisse has made a new hire in its Chinese securities joint venture, naming Steven Zhang as head of sales trading to oversee its onshore brokerage operations.

Shares in Meyer Burger Technology, the Swiss solar panel maker, plunged 13% on Tuesday after it announced a recapitalisation programme involving a rights issue, an adjustment of the terms of the Sfr100m convertible bond it issued in September 2014, and the extension of a loan secured on one of its properties.

Credit Suisse has hired a senior leveraged credit trader in London following the recent departure of its head of European distressed debt and leveraged finance trading.

Zhongshan Dasin Holdings Co is planning to float a real estate investment trust on the Singapore Exchange via an IPO that could be worth around $400m, according to a source familiar with the matter.

Doosan Bobcat has wrapped up its second attempt at an IPO, closing a W900bn ($788.0m) deal after seeing a strong turnout from institutional investors.

Zhou Hei Ya International Holdings Co raised HK$2.5bn ($321.8m) after pricing its Hong Kong IPO towards the bottom of the indicative range last Friday.

Caja Rural Navarra is planning the first green covered bond of the year. It follows a trio of covered bonds issued by Australian banks and the first transaction to be issued from Nordea in more than a year.