Credit Suisse

Alibaba Pictures Group, the Hong Kong-listed unit of Alibaba Group, has raised HK$12.18bn ($1.57bn) from a private placement of shares, joining the flurry of companies raising fresh equity as markets remain on a high.

Dufry, the Swiss duty free shop chain, will on June 11 start building the book for the Sfr2.2bn ($2.4bn) rights issue it signalled in March, as part of the financing for its €3.6bn takeover of World Duty Free.

Korea Development Bank is looking to make an opportunistic exit from Kumho Petrochemical, launching a W338.2bn ($306m) block on Wednesday evening after the company’s stock rose by 3.25%.

Rentenbank opted to increase the size of a 10 year dollar benchmark over squeezing the pricing tighter on Tuesday.

A German agency is set to bring a dollar benchmark in 10 years — a tenor that could be due for a comeback after being largely shunned in May.

Coal bed methane producer AAG Energy Holdings has fired up its $300m to $400m Hong Kong IPO plans, having started pre-marketing the deal to investors on Monday, June 1.

Singapore’s Ezra Holdings is seeking to raise $300m from a combined rights issue and sale of convertible bonds to shore up its capital base. Both offerings are worth about $150m each.

Korea Exchange Bank is back in the market one year after paring down its holding in SK Hynix, and is this time looking to raise W101bn ($91m) from a similar sell-down.

Weak market conditions on Thursday found their first casualty in property developer Evergrande Group, which raised HK$4.65bn ($600m) via a top-up placement of shares that saw a severe shake-up in terms before wrapping up.

Credit trading desks at banks have been swept by a tornado of job moves, as financial institutions specialists leave or jump to rival firms in a scramble to survive in a shrinking market.

Home Depot and Time Warner led a flurry of corporate borrowers on Thursday as the dollar market closed in on a record month for issuance.

Eli Lilly, the US pharmaceuticals company, made its euro bond debut on Tuesday, printing seven, 11 and 15 year notes and proving that the market is still open for longer dated paper — at a price.