Deutsche Bank

Avago Technologies, the US semiconductor components maker, has increased the €500m tranche of its term loan ‘B’ to €900m on strong demand, in another sign of the European leveraged loan market’s competitiveness.

Allied Irish Banks was in a generous mood on Thursday, launching its first tier two since the crisis at a much higher premium than rival bankers thought necessary.

Philippine property developer DM Wenceslao and Associates started gauging investor appetite for its $150m-$200m IPO on November 13 as it gears up to become the biggest listing in the country this year.

Deutsche Bank has committed to building an investment bank that is more efficient and simpler to understand. But with another round of managerial changes to go, it still looks pretty complicated, writes David Rothnie.

Videocon Hydrocarbon, which has activities in upstream oil and gas, is tapping the loan market for a $75m three year refinancing. An aggressive margin cut compared with the loan the company is refinancing has caught the eye of bankers, especially when its sector and the financial health of its parent is taken into account. Shruti Chaturvedi reports.

Avago Technologies, the US semiconductor components maker, has increased the €500m tranche of its term loan ‘B’ to €900m on strong demand, another sign of the European leveraged loan market's competitiveness at the moment.

Deutsche Bank has hired the ex-head of European capital markets at Standard Chartered for a role managing conduct and controls.

Santander UK was set to take home €1bn of five year operating co senior debt after a swift execution on Wednesday, with its slim new issue premium boding well for borrowers looking to grab funding before year end.

Singaporean utility company SP PowerAssets made a rare outing to the dollar bond market on November 18, raising $700m from a tightly priced 10 year note.

Allied Irish Banks revealed a 90bp jump in its fully-loaded common equity tier one ratio on Tuesday, and wasted no time in mandating banks for a highly anticipated tier two deal.

Yanzhou Coal Mining (Yancoal) has announced plans to buy back a portion of its existing bonds following a pair of downgrades due to a weaker credit profile and declining thermal coal prices.

Asia’s debt market saw a busy Tuesday with a trio of issuers, SP PowerAssets, Stats ChipPac and TUS Holdings, venturing out for dollars.