Nomura

Hong Kong has picked banks for the follow-up to its record-setting debut sukuk.

Liberty Global’s subsidiary UPC Broadband Holding BV on Wednesday priced a €1.1bn dual currency senior secured offer, which some high yield bankers saw as confirmation of a stable, busy pipeline.

Talgo, the Spanish train manufacturer, looks set to finally launch its Madrid IPO, four years after first floating the idea.

German online directories and listings company Scout24 set out price guidance on a €400m add-on loan on Tuesday, pushing leverage up after a stellar year’s performance.

German online directories and listings company Scout24 set out price guidance on a €400m add-on loan on Tuesday, pushing leverage up after a stellar year’s performance.

Universal Medical Services & Health Management Company is the latest healthcare-related business to file for an IPO in Hong Kong, in a deal that could raise between $300m-$600m.

Scout24, the German online directories and listings company, is seeking an add-on to its debt facilities and has arranged a Tuesday call with investors.

Nationwide and Caixabank launched the only two covered bonds this week. Despite both issuers getting the funding they wanted, the final outcome was poor in comparison to past standards.

A pair of European public sector borrowers are poised to bring five year dollar benchmarks on Tuesday, a move away from last week’s spurt of three year deals.

Issuers across the credit spectrum were seen in covered bonds this week with Münchener Hypothekenbank pricing the tightest 10-year deal ever while Bankia priced a 10 year with one of the widest spreads seen this year.

A tricky secondary market was unable to derail the new issue pipeline in senior this week, with new deals selling well even as their predecessors underperformed.

Marshall Nicholson has joined Nomura as managing director and head of ECM for Asia ex-Japan, re-entering equity capital markets after nearly three years.