Credit Suisse

Lenovo's lack of a rating is not putting investors off the new five year bond that it kicked off on Tuesday, although bankers reckon that the issuer will have to pay up a little. By late afternoon in Hong Kong, the Chinese computer giant had already amassed $2bn of orders for its five year bond, which is due to price overnight.

San Miguel Corporation’s Global Power Holdings opened books on a new hybrid bond on Tuesday morning, with guidance on the perpetual non call 5.5 bond set at 7.625% area. Bankers have indicated that the borrower is looking to do a benchmark size transaction.

China Cinda Asset Management is seeking its first dollar bond as it meets investors this week and next. It is the second Chinese bad debt management firm to hit the market after China Orient Asset Management issued $600m last September.

China’s second largest internet security software provider, Cheetah Mobile, has reduced the potential size of its New York IPO by one third and is now looking to raise only $200m amid volatility in the technology sector.

Bankers announced comps for Lenovo’s debut dollar bond on April 28 as they continue investor meetings in Singapore. The issuer has already received strong indications of interest and is guiding investors to a five year transaction.

Korea Exchange Bank sold W122bn ($118m) worth of shares in semiconductor manufacturer SK Hynix on April 24, pricing the block at an extremely tight discount of 0.43%.

A global-local currency bond proved to be one ambitious step too far for a hot LatAm market on Thursday as the Dominican Republic failed to garner enough interest to sell a Dominican peso-denominated bond. But bankers away from the deal praised the sovereign’s first 30 year issue as strong liquidity continues to support high yield issuers.

Alain Afflelou, the French optician chain, priced its €440m bond issue on Thursday April 17 – the second European high yield deal in three days to have the more aggressive 1.5 year initial non-call period.

Public Power Corp, the largest Greek electricity generator and supplier, is set to return to the bond market with a €500m three and five year deal, as investor appetite for Greece returns strongly.

Two contrasting equity-linked issuers received very different receptions as the convertible bond market re-opened this week.

Norwegian seafood firm Marine Harvest raised €375m from a convertible bond on Thursday, pricing the deal at the most aggressive terms after a much tougher transaction almost exactly a year ago.

Weibo Corp was forced to price its $286m Nasdaq IPO at the bottom of the range on April 16 after it bore the full brunt of investors' waning confidence in the China tech story. But after a strong trading debut which saw the stock rally 17.9%, more of its industry peers are trying their luck in the US.