Deutsche Bank

EQT, the private equity fund, has entered into an agreement to acquire Siemens Audiology Solutions, the hearing aid division of Siemens.

The Socialist Republic of Vietnam is returning to the international market for first time in four years as it tries to swap investors out of its two existing dollar bonds via an accelerated switch offer.

E-commerce firm Alibaba Group, which signed a $3bn revolving facility with four lenders on August 30, has completed a limited syndication of the financing. The facility features looser covenants than its last loan and marked the first US style revolver in Asia, said a banker on the deal.

Investors looking to diversify into India received their second opportunity in as many weeks when JSW Steel tapped the market with its maiden offshore bond on November 5. While the transaction did not get as much attention as Tata Motors did last month, it still resonated well with investors and ended up with a more than three times covered book.

One of India’s largest property developers, Indiabulls Real Estate, is in the market with its debut bond. The deal follows hot on the heels of fellow Indian high yield issuer JSW Steel.

HSBC’s global research division has hired a Deutsche Bank veteran to serve as the head the bank’s equity research for Asia Pacific.

US conglomerate 3M Co visited the euro bond market on Wednesday — the latest in a string of highly rated US firms to tap what has become a very attractive market.

KfW took advantage of moves in the Australian dollar/euro basis swap to tap a January 2019 Kangaroo on Wednesday. The agency also raised £150m with a tap of a December 2017 sterling line.

National Australia Bank is set to sell the first Basel III-compliant tier two capital issue from an Australian bank in euros on Wednesday.

Kompany Weglowa has released initial price thoughts for a dollar benchmark five year bond at 9% yield area. As the company is 100% state-owned, this will make the bonds eligible for JP Morgan’s EMBIG (Emerging Market Bond Index Global) index. Syndicate officials away from the deal praised leads for having made this clear early as they said this, together with the bond's juicy yield, would likely drive demand higher.

The Indian high yield bond market is finally getting its act together following a stop-start year with JSW Steel going live with a five year dollar bond on November 5.

Apple’s first European bond issue was not the megadeal some might have hoped for — but at €2.8bn it was still large, and in the level of demand and its keen pricing, it did not disappoint.