Credit Suisse

A trio of investment grade names launched new deals on Tuesday as Asian bond bankers were bolstered by hopes that Greece's latest budget proposals would stave off a debt default and lead to a deal with creditors later this week. But they believe the market is still volatile and as a result only strong high grade names will be able to get deals done.

BB Energy, the Lebanese privately owned oil and fuel trading group, has signed a $200m revolving credit facility that was increased from $175m after being twice oversubscribed.

Wenzhou Kangning Hospital Co is planning a Hong Kong IPO worth $150m in the third or fourth quarter of this year, and has filed a preliminary prospectus to start the listing process.

Export-Import Bank of Korea (Kexim) has mandated seven banks to work on its return to the dollar bond market which could be as early as this week.

InnoLight Technology Corp, whose customers include high-profile names such as Google and ZTE, has applied for a $100m IPO on the Nasdaq. The plans come at a time when many Chinese companies are delisting from US exchanges in the hope of seeking greener pastures back home.

Mauser, the German industrial packaging group, has won near-unanimous acceptance for its amendment exercise on a $1.6bn leveraged loan, originally closed last July to back its buyout by Clayton, Dubilier & Rice.

Flow Traders Coöperatief, a Dutch financial trading company specialising in exchange-traded products such as ETFs, has announced its intention to float in Amsterdam.

New York-listed Nord Anglia, the international schools operator, sold a Sfr200m secured high yield bond on Thursday. It had to trim the size, but was able to hold out against pressure to widen pricing.

AAG Energy Holdings fell victim to rocky market conditions this week, raising HK$2.28bn after pricing its Hong Kong IPO at the bottom end of guidance, while also taking a knife to its greenshoe portion.

Mauser, the German industrial packaging group, has won near-unanimous acceptance for its amendment exercise on a $1.6bn leveraged loan, originally closed last July to back its buyout by Clayton, Dubilier & Rice.

Jupai Holdings, which provides wealth management services to high-net-worth clients in China, is seeking riches from the US, having filed for a $100m IPO on the New York Stock Exchange.

Fitch followed up last week’s default from Cimento Tupi with a report warning that refinancing risk is “elevated” for Latin American corporates rated single-B or below that have bonds of under $400m outstanding.