Macquarie Group

The period under review has proved one of the most trying for the region’s financial institutions as global problems combine with financial stresses in domestic markets. Amid this turmoil, the best banks have once again proved their ability to outperform. We present Asia's Best Domestic Banks.

In a rarely seen occurrence in Asia, a Chinese company-led consortium is set to use staple financing to support its acquisition of shares in Australian company GenesisCare, according to sources.

Yihai International Holding has priced its IPO towards the top end of guidance, raising HK$858.0m ($110.6m).

Yihai International Holding has narrowed the price guidance on its up to HK$889.2m ($114.6m) Hong Kong IPO to the upper half of the marketing range, said a source close to the transaction.

Yihai International Holding launched its Hong Kong IPO last Thursday to raise HK$$889.2m ($114.6m), with the company choosing to go it alone without the aid of cornerstone investors.

NYX Gaming Group, the Las Vegas digital game supplier, has announced the signing of £120m of leveraged loans backing its acquisition of UK peer, OpenBet. UK competitors William Hill and Sky Betting & Gaming are partially funding the £270m purchase.

Macquarie Capital has hired Warrick Booth as a managing director in European DCM.

A member of Macquarie’s equity syndication team in Hong Kong is understood to have transferred to another role within the bank.

Macquarie’s merchant banking model makes it a rare bird in the post-crisis landscape, writes David Rothnie

Solera Holdings, the Texan car and property insurance claims processor, priced its $3.9bn acquisition debt package in line with revised guidance, after reshaping the debt structure in response to weak investor demand.

Solera Holdings’ $3.9bn debt acquisition package has been reduced, following insufficient demand for the $2bn-equivalent bond’s euro tranche.

All eyes in the European leveraged finance market are focused on Solera’s $3.9bn debt package, the only deal in play.