Deutsche Bank

Chinese hospital group Phoenix Healthcare has terminated an undrawn $150m loan raised in February 2015 due to the instability in the foreign exchange rate.

Technip, the French oilfield engineering company, raised €375m on Wednesday with a daring equity-neutral convertible bond — the first such deal since Total’s transaction in November.

A storming start to the supranational and agency sterling market showed no signs of abating this week as issuance volume reached a record year-to-date high — and another issuer lined up a deal for Friday.

A $300m three year loan for Development Bank of the Philippines (DBP) has gone into general syndication via three mandated lead arrangers and bookrunners.

Deutsche Bank has said it will make a full year loss for 2015, and a loss in the fourth quarter, with a litigation charge of €1.2bn in the fourth quarter, and an €800m restructuring charge. The new charge will take Deutsche’s litigation provisions for the year to €5.2bn.

India's Quick Heal Technologies wrapped up investor meetings for its $70m-$80m IPO last week and plans to open books in mid-February, according to sources.

GlobalCapital Asia held a New Year drinks and awards reception at Isono in Hong Kong on January 20, 2016.

Investors have taken up the vast majority of the shares offered by RPC Group, the plastic packaging maker, in a £233m rights issue it launched last month.

Armacell, the German foam insulation manufacturer, has launched a€660m debt acquisition package to back its buyout by Blackstone and Kirkbi from Charterhouse Capital Partners.

Equity capital market bankers are finding it hard to feel optimistic about this quarter. By close last night, European stocks had already fallen 8.8% so far this year, and few deals had been launched.

Tata Steel's $1.5bn refinancing has been launched into general syndication after a senior phase that began in early December.

Deutsche Bank is set to lose the head of its European investment grade credit trading business.