Credit Suisse

Swiss franc issues from international borrowers have declined drastically in the last two weeks as the Swiss franc basis swap has moved more deeply negative, Swiss franc syndicate bankers told GlobalCapital on Tuesday.

Videocon Industries is looking to switch bondholders out of a $200m 6.75% convertible bond maturing in December via an exchange offer of cash and the issuance of a new CB.

Zhuhai Huafa Group (Zhuhai Huafa), a company closely involved with urban planning and development, is set to return to the dim sum bond market with a three year offering in the near future, GlobalRMB has learned.

Credit Suisse has tapped Mervyn Chow and Edwin Low as the new co-heads of investment banking and capital markets for Asia Pacific, replacing Vikram Malhotra who is taking charge of a new unit focusing on ultra-high net worth entrepreneurs.

Chinese company Yirendai, an online consumer finance marketplace, is eyeing the New York Stock Exchange for a $100m IPO and has a filed a preliminary prospectus for the listing.

Veritas Technologies, the Californian data storage company, has increased its high yield bond issue to make up for a disappointing loan financing. But initial price talk has yet to emerge.

Credit Suisse's cuts to its government bond business have hit its SSA debt capital markets offering, with a well known banker losing his position, GlobalCapital understands.

Shares in Softcat, the UK IT services and solutions provider, have risen 23% since the company's £153.4m IPO, as an initial 20% pop solidified into steady gains.

China Huarong Asset Management navigated a crowded Asian dollar bond market with a chunky $1.8bn deal on November 12. The trade was a replica of a highly successful transaction it executed at the start of the year.

Credit Suisse has put an SSA trader at risk but has no plans to exit the business, GlobalCapital understands.

Perform Group, the UK digital sports media firm, sold £175m of secured notes on Wednesday, after cutting down the offering from £200m as investors proved cautious.

The Asia ex-Japan bond market sprung to life on November 12 with China Huarong Asset Management, China State Construction Engineering Corp and Beijing Properties opening books for dollar bonds, while Korea Housing Finance Corp (KHFC) opted for a covered bond and Malaysia’s Axiata Group, a sukuk.