Credit Suisse
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Samsung SDI is paring its stake in sister firm Samsung C&T via an accelerated bookbuild worth up to W565.34bn ($458.23m), amid regulatory pressure on chaebols to unwind cross shareholdings.
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Credit Suisse has made two senior appointments to its ‘advanced execution services’ (AES) team in Hong Kong, which offers algorithmic trading strategies.
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Export-Import Bank of Korea (Kexim) has hired banks to run investor meetings in Europe for a potential euro bond, which would be its first syndication in the currency since 2013.
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South Korea's Netmarble has shortlisted a trio of international banks and five local houses to lead its IPO, which could raise as much as W2tr ($1.6bn).
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Deutsche Bahn printed a €500m 10 year no-grow bond on Monday, a deal that achieved aggressive pricing but did not tighten beyond its guidance stage.
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The past week has brought no sign of leveraged loan new issuance in either the US or Europe, and several deals have struggled in syndication.
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Greg Arkus, head of supranational, sovereign and agency debt capital markets and syndicate at Credit Suisse, left the bank on Monday, as the Swiss firm makes a series of job cuts at its global markets business, GlobalCapital can reveal.
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Evergrande Real Estate Group said on Monday that it has received the requisite consent from bondholders to relax terms on two of its outstanding dollar bonds.
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Dutch lender, ABN Amro returned to the Swiss franc market on Friday with a 8.9 year note, making it the third FIG issuer this week to take advantage of arbitrage opportunities in this market.
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DNB Bank priced its first public euro senior unsecured bond for more than four years on Friday, and became the latest bank to take as much as possible from its order book as conditions remain uncertain.
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Zurich Insurance sold a Sfr200m hybrid bond on Thursday, benefiting from the relative resilience of its home market as Swiss franc investors got their first taste of insurance capital this year.
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Two FIG issuers this week took advantage of good conditions to tap the Swiss franc market, revealing an opportunity for other banks to escape widened euro and dollar spreads.