Deutsche Bank
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Singaporean property name Ascendas has made a tender offer to holders of its S$300m ($220m) 4.75% perpetual non call five subordinated bonds that were sold in 2012. A change of control triggered by a merger between the subsidiaries of Ascendas' parent company and government investment company Temasek has allowed Ascendas the option of redeeming the securities.
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Central China Real Estate is looking to stand out in a crowded Asian bond market by offering investors a tasty price concession on its five year bond on April 14.
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German printing equipment maker Heidelberger Druckmaschinen announced a €200m bond issue on Monday that is rated Caa1/CCC+.
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Deutsche Bank is tonight trading a block of shares in Al Noor Hospitals, as Ithmar Capital seeks to sell its entire stake in the Abu Dhabi healthcare group.
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Pennsylvania’s Trinseo, a plastics manufacturer, wants to issue $750m of unsecured notes, including a euro tranche, to repay its 8.75% bond sold in 2013.
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Anheuser-Busch InBev, the Belgian-US brewer, showed how well Europe’s corporate bond market has recovered since Easter — and the apparent change in the market’s depth in the past year — by issuing a €3bn bond on Monday that found very strong demand.
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Top Right, the UK information and events group, expects to allocate its £435m-equivalent refinancing loan this afternoon (Monday), with pricing at the wide end of initial guidance.
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Moy Park, the UK poultry producer, wants to tap its £200m debut high yield bond for £100m, in order to pay a dividend to its parent company, Marfrig of Brazil.
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Commerzbank has tapped a three year senior bond priced last month some 10bp inside the original deal, showing a divergence in investor appetite for German financials exposure.
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The Pakistan government’s divestment programme for the year has started on an amazing footing, with the country completely exiting Habib Bank via a sale that added a whopping Prp102.3bn ($1bn) to its coffers.
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ZF Friedrichshafen is preparing to launch its long-awaited first public bond, to refinance its acquisition of TRW Holding of the US last year.
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Hyva Global, a truck parts maker controlled by private equity firms, is looking for a $295m financing. The facility is offering a high initial margin and generous fees.