JP Morgan

Germany’s Hypovereinsbank (HVB) and Bayerische Landesbank (BayernLB) launched Pfandbrief deals of the same size and tenor this week. But with a marginally lower rating, and hence a wider spread, HVB was able to attract a more granular book.

Singapore’s Oversea-Chinese Banking Corp is seeking a chunky HK$38.4bn ($4.95bn) loan to fund its acquisition of Wing Hang Bank, with three lenders underwriting the whole fundraising. The large size of the debt will test market liquidity, but bankers away from the transaction reckon lenders will put their faith in the OCBC name, writes Rashmi Kumar.

Belgian hamburger restaurant chain Quick has released price guidance for its senior secured and unsecured floating rate high yield bonds, which will mark its bond market debut.

Human resources marketplace 51job.com is the latest in a line of Chinese technology companies to come to the US market, launching a $150m five year put three convertible bond.

More details about Monier’s €415m high yield bond offering have emerged. The French maker of roofing materials will meet investors until Wednesday, April 9, to market the bond, which, together with €250m of loans, will replace its previous capital structure before a potential initial public offering.

Oversea-Chinese Banking Corporation (OCBC) is looking to issue the second US dollar Basel III-compliant tier two bond from a Singaporean bank, after UOB printed a $800m bond in March.

NordLB launched a dollar denominated 10 year tier two bullet, capping off a week of mostly subordinated FIG issuance, after two senior-heavy weeks.

Nick Johnson is to become JP Morgan’s head of equity capital markets for Asia Pacific, as former head Jeff Zajkowski moves to New York to become co-head of ECM for the Americas, amid a global reshuffle.

NordLB is out with a dollar-denominated 10 year Tier Two bullet, capping off a week of mostly subordinated FIG issuance, after two senior-heavy weeks.

Overseas-Chinese Banking Corporation is looking to issue the second US dollar Basel III-compliant tier two bond from a Singaporean bank after UOB printed a $800m bond in March.

Beijing based company Cheetah Mobile Inc., formerly known as Kingsoft Internet Software Holdings, has filed with the US regulator for a $300m spin-off.

French private equity firm Ardian hopes to back its sale of Diana Ingredients with an €800m covenant-lite loan if the company goes to a private equity firm.