Credit Suisse

China's Alibaba Group has thrown open its long awaited $21.13bn New York IPO, with a deal that is likely to be not only the biggest US listing ever but could also break the record for the biggest IPO globally.

Chinese beverage manufacturer Reignwood Group has made its debut in the offshore syndicated market with a $160m loan. The facility, which has Credit Suisse as the sole bookrunner, comes backed by two guarantees from the company’s onshore operations.

Pelindo III eyes maiden dollar bond — Indonesia's MPM seeks debut — Tata Comms looks to tackle dollar inaugural — FWD picks five for roadshows — IFC mandates three for dim sum — Honghua seeks international debut

Bangkok Dusit Medical Services Public Company has become the second Thai group to tap the equity-linked market this year, raising Bt10bn ($311m) from a zero coupon convertible bond. The fact that the company’s shares have been rising consistently since the start of the year made it a hard story to sell, but the group still managed to offer favourable terms — for itself and for investors.

Indian financial services company IDFC is set to raise about Rp10.5bn ($173m) through a qualified institutional placement which is targeting just domestic investors.

Mexican telco Axtel and Chilean pulp company CMPC clinched well received new issues on Wednesday as Latin America’s corporates push ahead with issuance despite apparent waning sentiment in bond markets.

Credit Suisse plans to launch its swap execution facility agency platform next Monday, which will facilitate SEF trading for the firm’s clients.

Metropolitan Life hit screens with a trio of senior unsecured deals on Wednesday morning, looking to print in euros, Australian dollars and Swiss francs. Strong appetite for insurance company paper is expected to assure the issuer of a warm reception for its trio of deals.

Bangkok Dusit Medical Services Public Company launched a Bt10bn ($311m) zero coupon convertible bond on Wednesday night, pitching the deal to investors with yield guidance of 1.50%-2.00%.

After a botched deal in January, China’s Powerlong Real Estate Holdings is back in the dim sum market, opening books for a Rmb1.5bn ($244m) three year paper on September 10. Gone is the issuer’s previously aggressive approach to pricing: the new deal is coming at a huge discount to its existing curve.

Indonesian oil and gas company Energi Mega Persada (EMP) is back in the market for a $200m four year financing. The loan, which consists of a senior tranche and a junior tranche, offers a generous margin and is being done on a best efforts basis by arrangers Credit Suisse and Deutsche Bank.

Macquarie and Zurich Insurance kicked off what is expected to be a busy week for senior issuance on Monday as issuers looked to take advantage of positive sentiment following last week's European Central Bank meeting. Zurich was able to draw together a comfortably oversubscribed book, while Macquarie printed with only a small new issue premium compared to secondary paper.