Credit Suisse

The management team of Indonesian property developer Hanson International is planning to meet investors in Singapore next week to gauge their appetite ahead of a follow-on offering to raise $200m-$250m.

The two big Swiss banks will be the worst hit by the Basel Committee’s rules on trading book assets, according to research from Deutsche Bank, which could push Credit Suisse to shrink its credit and securitization businesses.

Credit Suisse’s holdco paper proved as popular with Swiss investors as with euro buyers, allowing the bank to print the largest single tranche transaction in the currency from a financial issuer since January 2009.

While the real risk of bank holding companies’ senior unsecured debt is still unclear, Credit Suisse’s blowout in euros this week shows how receptive yield starved investors can be to the product, writes Graham Bippart.

German plastic film maker Kloeckner Pentaplast has launched an €831m-equivalent loan in dollars and euros to refinance debt and pay a dividend.

Malakoff, an independent power producer, has attracted 11 domestic cornerstone investors for almost 75% of its MR2.74bn ($744.16m) IPO, in a strong show of support for what is the biggest IPO in Malaysia since 2013.

The block trade business has been hugely important to equity capital markets businesses so far in 2015, and at this stage UBS and Goldman Sachs are leading the race. But Bank of America Merrill Lynch has made a hefty effort to catch up.

The spark of life was seen in the senior unsecured market on Wednesday, with Credit Suisse’s senior unsecured bond, issued from its holding company, quickly achieving blowout status during the bookbuilding process.

Malakoff has signed up 11 domestic cornerstone investors for almost three quarters of its MR2.74bn ($744.16m) IPO, in a vote of confidence for the largest listing to emerge from Malaysia since 2013.

The government of Pakistan is set to raise Prp41.5bn-Prp101.1bn ($406m-$988m) from the sale of some of its stock in the country’s largest lender, Habib Bank, after setting the floor price for the deal at Prp166 per share.

German plastic film maker Kloeckner Pentaplast has launched an €831m-equivalent loan in dollars and euros to refinance debt and pay a dividend.

The Privatisation Commission of Pakistan started roadshows for its divestment from Habib Bank on March 30, in an offering that starts at a base size of 250m shares but with the possibility of selling as much as 609m shares, depending on demand.