Credit Suisse

Credit Suisse was printing its second slab of holdco debt in as many days on Tuesday, but was doing so in sterling as the European Central Bank sent Bund yields tumbling.

China’s beleaguered real estate players are starting to find favour again with equity investors, with CIFI Holdings and Greenland Hong Kong Holdings raising HK$1.32bn ($170m) and HK$1.70bn, respectively, from top-up placements.

Siltronic, the German silicon wafer manufacturer, launched its IPO in earnest today, as investor education began for its listing in Frankfurt.

Adecco, the Swiss recruitment and employment agency, highlighted strong demand for corporate bonds in the eight year part of the euro curve on Monday.

Terex, the US maker of lifting and materials handling machinery, is arranging a €199m loan to refinance debt in euros, with lender calls in London and New York today.

Credit Suisse has hired a banker to run its insurance DCM business in Europe, a new role as the bank looks to boost its presence in a growing sector.

Two shareholders of Samsung Life Insurance Co raised W655.20bn ($599.31m) after pricing the shares they were selling near the bottom of the range, breaking a lull in large block trades out of South Korea since March.

An experienced sterling credit trader has left BNP Paribas and is heading to Credit Suisse to help build out a similar desk there, say market sources.

Taiwan’s United Microelectronics Corp (UMC) made full use of a strong rally in the market and its solid credentials to set aggressive terms for a convertible bond offering a negative yield, raising $600m in the largest equity linked issue in Asia ex-Japan so far this year.

Sembcorp Industries attracted strong demand for its S$600m ($454m) subordinated perpetual bond, with investors drawn to the credit thanks to its government link and the juicy coupon on offer. The deal ranks as the second largest bond in the Singapore dollar market this year, and is the market's second perp of the year year.

Drug research firm Syngene International has started gauging investor interest for its $100m-$150m IPO on the Indian Stock Exchange with the offering expected to hit the market in June.

Korea Development Bank has made a bold return to dollar bonds in a deal that bankers claim scored one of the tightest ever spreads for a Korean name. The pricing drew plenty of criticism, but the deal’s defenders are hailing the trade as a success, preferring to focus on the quality of the order book.