Deutsche Bank

Mortar producer Parex will this week or next launch high yield bonds to back its takeover by CVC Capital Partners, lead bankers have told GlobalCapital.

Julius Baer, the Swiss private bank, sold its second ever AT1 deal on Tuesday afternoon. The issuer was able to price an oversubscribed trade at the tight end of guidance as Swiss and Asian investors seized on the deal's attractive coupon.

Deutsche Bank will price the first additional tier one capital deal from a German bank on Tuesday afternoon, drawing a bumper book for the triple-tranche deal. The announcement of a rights issue by the bank on Sunday will have helped whet investors’ appetite for the deal, according to syndicate officials, though some have also queried the timing of the announcement.

China’s Huawei Technologies launched a $1bn revolver into the European market on May 19 as it aims to expand its funding sources away from Asia.

Triton’s primary buyout of Gea Group’s heat exchanger unit will be backed by €775m of bonds.

Deutsche Bank will sell the first additional tier one bond from a German bank this week, following its announcement of a rights issue on Monday morning. The timing of the capital increase — suggested by some market sources as being an important step to reassure potential AT1 investors about the strength of the bank’s capital ratios — is expected to cut the cost of the AT1 issuance.

Agrokor, Croatia’s largest privately owned business, is raising €475m of loans bearing features more commonly seen in high yield bond issues.

Deutsche Bank will raise €8bn through a rights issue launched on Sunday night and supported by Qatar, responding to fears about the bank's capital position despite assurances that a deal last year was its last.

Chinese after-school tutoring services provider TAL Education raised $200m on May 15, pricing a 2019 convertible bond in the middle of guidance after receiving good interest from investors.

Deutsche Bank said long term demand for fixed income products remained attractive, particularly in Europe, as it affirmed its commitment to remaining a top tier global investment bank ahead of raising new capital.

Haitong Securities is meeting investors in Hong Kong and Singapore this week for its inaugural dim sum bond.

India's Hindustan Petroleum Corp has wrapped up syndication of its $500m loan, with preliminary allocations out ahead of the signing.