Credit Suisse

CGN Power is on track to be Hong Kong’s biggest IPO in 2014 as investors jostled for a piece of China’s largest nuclear energy producer, with institutional books already multiple times subscribed on day one of bookbuilding.

Korea East-West Power Company has opened books for what it looks to be the country’s last offshore bond this year. The five and half year 144A/Reg S bond had attracted an order book of $1bn by Monday afternoon.

Chinese B2B e-commerce company HC International raised HK$780m ($100.5m) on Thursday night by selling a convertible bond, opting to tap the equity-linked market to save on costs that it might otherwise have to shell out for high yield debt. But the CB’s heavy reliance on hedge funds was reflected in Friday morning’s trade when shares plummeted as investors shorted their equity.

Two US blue chips issued a combined €4.8bn of bonds a day apart this week, demonstrating the euro market's attractiveness to US issuers and its capacity to absorb large amounts of paper. Bankers expect more US companies to dive in soon, while the swap market remains favourable.

Korea Expressway Corp made up for its recent disappointment in dollars with a tightly priced Swiss franc debut on Tuesday.

AT&T, the US's largest telecoms company, returned to the euro bond market on Thursday, a day after technology firm IBM, this time with a whopping €3.8bn three tranche deal.

Three issuers from France, Belgium and Germany raised €2.5bn in the covered bond market this week, and another €1bn transaction was expected from a Finnish issuer on Friday. The deals were all remarkable for the fact that the funding levels set new records for all issuers as the ECB’s allocation continued to grow, squeezing out other investors.

The Central American Bank for Economic Integration (Cabei) tapped the Swiss franc market for the second time in less than two weeks on Wednesday with a Sfr115m ($120m) long eight year.

United Internet — Vimpelcom — Geberit

Italian power utility firm Enel has decided to raise the number of shares it is selling in Endesa after finding strong demand from investors.

Agarwal to co-head CS markets group - Giesen quits RBS EM team - Nomura boss resigns after 18 months

Turbulence hit a subordinated debt market that seemed to be about to hit its stride this week, as deals from Deutsche Bank and Erste Group slumped in the secondary market straight after sale.