Morgan Stanley

Hansoh Pharmaceutical Group kicked off the roadshow for its Hong Kong listing this week, with up to HK$7.9bn ($1bn) of proceeds in its sights. The deal got off to a strong start with the help of a cornerstone group that included Singapore’s sovereign wealth fund, as well as an early turnout from international institutions. Jonathan Breen reports.

Brussels Airport has issued a €500m US private placement in three tenors in a “blowout transaction”, according to market sources.

European elections, which produced relief in much of Europe and some horror in the UK, have not fazed corporate bond markets. But they may have caused this week's dearth of issuance. Illinois Tool Works' three trancher on Wednesday may be the only fruit. But investors' diaries are filling up with roadshow dates.

Münchener Hypothekenbank was the only financial institution to issue a euro bond this week, selling a senior non-preferred deal on Wednesday. The German lender attracted demand roughly similar to the bond's size of €250m, set from the start.

Trainline, the UK transport booking website, said on Tuesday that it plans to raise £75m of new capital, having confirmed its intention to float on the London Stock Exchange.

Sellers of the IPO of Trainline, the UK transport booking website, are confident that the listing is a strong enough prospect to withstand any political pressures affecting the UK, including a Labour government intent on nationalising the country’s railways.

MUFG has appointed Noriaki Goto as the new regional executive for Asia, effective immediately, alongside two other senior positions in the financial conglomerate.

Biopharmaceuticals company Mabpharm launched bookbuilding for its up to HK$1.53bn ($195m) flotation, while Hansoh Pharmaceutical Group set pre-marketing in motion for its Hong Kong listing.

Consumer lending giant Home Credit is planning an IPO in Hong Kong that could raise about $1bn, according to a source familiar with the matter.

Trainline, the UK transport booking website, is preparing to launch an IPO on the London Stock Exchange. The deal is expected to value the company at around £1.5bn, according to a source close to matter.

Indiabulls Housing Finance raised $350m in its debut dollar transaction on Tuesday.

Three Chinese borrowers sold perpetual notes on Tuesday, raising a combined $900m from the rare structure.