Credit Suisse

Iglo, the UK frozen foods producer and distributor, has adjusted tranche sizes for its €1.2bn refinancing loan and released price guidance for both the term loans and €500m of bonds.

Credit Suisse returned to its home market on Tuesday to sell its first public Swiss franc senior deal in almost four years. The issuer’s strong reputation investors and fair pricing allowed it to increase the deal in response to investor demand.

Swiss syndicate bankers are debating whether investors will shun a tier two bond being issued by VTB Bank this week following Russia's annexation of Crimea earlier this year. The issuer completes a roadshow in Switzerland on Wednesday.

Chinese company Giant Interactive has closed its $850m leveraged buyout loan almost three months after it opened into syndication, with eight banks joining the deal.

Jamaica made a triumphant return to bond markets on Tuesday just a year after its last debt restructuring, showing the appetite for yield among bond investors as the sovereign clinched its lowest ever coupon in international markets.

German industrial packaging group Mauser has priced the tranches of its $1.6bn acquisition loan at the tight end of guidance and inside it, while keeping covenant-lite terms on all tranches but one.

LatAm market participants said new issuance conditions are strong despite Brazilian poultry company Globoaves’ decision to postpone a planned bond issue on Monday. Peru’s InRetail Shopping Malls is likely to be the next borrower from the region to issue bonds.

UK frozen foods producer Iglo has set guidance on the sizes and prices of most tranches of its €1.3bn refinancing loan, which includes covenant-lite portions.

One week after unveiling the identities of its partners, Alibaba is back in the spotlight once again with another piece of update to its jumbo IPO. The e-commerce giant has finally chosen the New York Stock Exchange as the home for its American Depositary Shares under the ticker symbol "BABA".

Wind Telecomunicazioni has reduced its annual cost of debt to €642m after completing its second successful bond refinancing in a little over two months. The two transactions together cut €275m from its annual interest bill.

Three Latin American borrowers started roadshows with bond investors this week as bankers’ predictions that the football World Cup would lead to a slowdown in new issue activity were proven false.

Credit Suisse is seeing greater interest this year from investors in strategies that use its algorithmic indexes to time portfolio allocations to CBOE VIX futures as tail risk hedges.