Switzerland

Fundamenta Real Estate, the Swiss housing developer, has fixed the terms for its Sfr91.5m re-IPO on the SIX Swiss Exchange, which is expected to value the company at Sfr375m.

Zur-Rose, the Swiss retail pharmacy, has set the terms on its Sfr200m new share issuance, to fund the acquisition of Medpex’s e-commerce activities.

Gunvor, the Swiss energy and commodities trading company, has signed a $1.68bn revolving credit facility, having increased it during syndication as lenders piled into the transaction.

UBS Group bagged S$700m ($509m) from a Basel III compliant additional tier one deal, adding to a growing list of European lenders that have turned to the Singapore dollar bond market to boost their capital.

Prudential regulators around the world have mostly confined themselves to pieties when it comes to cryptocurrencies, warning of the need to monitor markets, avoid stifling innovation, but making few concrete moves.

UBS tapped the Tokyo Pro-Bond market this week to raise ¥150bn ($1.33bn) of funding for its total loss absorbing capacity, at a time of little volume in the FIG euro market.

Stock in CEVA Logistics, the Swiss freight management company rose by more than 30% after shareholder CMA-CGM, the French shipping company, launched a full takeover bid of the company.

Switzerland’s Gunvor has signed a $745m green loan, with the commodities trading company saying it is the first of its kind for the sector.

Zurich Insurance Company pulled off a long-dated bond deal on Wednesday, offering a limited new issue premium from the start for its first euro-denominated senior trade in four years.

Zur Rose, the Swiss online pharmacy that went public last year, plans to raise Sfr200m via a rights issue to fund its takeover of the e-commerce operations of Medpex, a competitor in Germany.

The first two major IPOs of the autumn, Funding Circle and SIG Combibloc, have both stayed above water in trading.

SIG Combibloc, the Swiss food and beverage packaging company, has closed the books on its return to the Swiss stock exchange after more than a decade of being a private company.