Credit Suisse

Chinese logistics company ZTO Express priced its $1.4bn IPO on the New York Stock Exchange on Wednesday, marking the largest float from a Mainland firm in the US since 2014. And its successful listing is expected to boost the number of Chinese firms heading to the United States, writes Jonathan Breen.

Chinese fashion house JNBY sealed a HK$800.0m ($103.1m) IPO this week after pricing off the bottom of guidance, according to a source close to the deal.

The Moser family intends to become the sole owner of UK mortgage loan provider Together as private equity firm Equistone and Standard Life plan PIK issuance before exiting the company.

Guangdong Kanghua Healthcare Co has gone live with its Hong Kong IPO and begun taking orders for a HK$1.2bn ($154.7m) listing.

Shangri-La Asia Treasury is seeking retail participants for a $130m borrowing that will refinance existing debt.

Intu Properties, the UK shopping centres group formerly known as Capital Shopping Centres, issued its first convertible bond since 2012 on Tuesday morning, and successfully raised £375m but the bond has traded down in the aftermarket.

ConvaTec, the UK medical technology company, has priced a jumbo £1.7bn ($2.1bn) initial public offering at the bottom of its initial range.

Euro Garages has widened the discount on its £250m term loan ‘C’ to 97.5, with prospects for sterling issuance less clear following a pulled deal last week.

Spain’s real estate investment trust Merlin Properties on Tuesday sold its second issue in a market where most eyes turned to Danone’s €6.2bn jumbo deal.

B2 rated Infinitas priced on Tuesday its €380m term loan ‘B’ refinancing at the lower end of the guidance having first signed the deal just eight months ago.

China Great Wall Asset Management Corp priced a dual-tranche offering on Thursday, finding strong demand for its deal. The relatively small size and the timing of the transaction worked in favour of the bad debt manager, according to bankers.

The debut covered bond of BNP Paribas Fortis and the first in four years from SNS Bank were priced on Monday with virtually no new issue concessions and healthy levels of subscription.