UBS

Raiffeisen Bank International sold a tier two bond this week, tightening pricing by 40bp. The trade was supported by hefty investor demand of €2.7bn, more than six times the deal's €500m size.

Austria’s AMS has agreed a €4.2bn bridge loan from two banks, with the sensor maker outbidding private equity firms in an attempt to buy German lighting company Osram.

South Korea’s Hyundai Capital Services pulled a dollar bond sale on Tuesday due to poor market conditions. Bankers away from the transaction blamed the failure on excess supply in the US.

James Gifford, who was founding executive director of the UN Principles for Responsible Investing, has joined Credit Suisse in the newly formed position of head of impact advisory.

Bank of the Philippine Islands issued on Thursday a green bond in Swiss francs, which came at a negative yield.

UBS replaces EMEA president — Lloyds loses PP agent — Deutsche Bank reorganises treasury team

Ulrich Koerner is stepping down as president of Europe, the Middle East and Africa at UBS, to be replaced by Sabine Keller-Busse.

Korean Air Lines Co returned to the policy bank-guarantee structure for its latest offshore bond this week, raising $300m at a favourable price.

Switzerland-based UBS Group has priced its second Singapore dollar-denominated Basel III-compliant additional tier one (AT1) bond in just nine months, taking advantage of a rally in its deal from last November.

Huw van Steenis is joining UBS next month as head of investor relations and chair of a new sustainable finance committee.

Market participants expect more banks will now want to print Kangaroos after investors on a search for yield poured into UBS's additional tier one (AT1) deal on Tuesday. The syndication, which surprised those involved after it managed to shave 75bp off its initial pricing guidance and attract A$4bn ($2.71bn) of orders, suggested a market ripe for a deal spree.

Korea Development Bank moved to place the largest Korean Kangaroo earlier this week, a note that was also priced more tightly than any other Korean-issued Aussie dollar deal.