UBS

Fortune Oil PRC Holdings has returned to the offshore loan market for a $400m borrowing, refinancing a smaller deal closed in 2016.

Telecommunications infrastructure giant China Tower found huge demand for its multi-billion-dollar IPO this week as it kicked off bookbuilding in Hong Kong. The deal is a counter-balance to a flood of technology listings in the market this year. Jonathan Breen reports.

UBS raids JP Morgan for senior ECM hires — Credit Suisse hires Tan for SE Asian loans syndicate — JM Financial’s Mody strikes out on his own — Fixed income veteran leaves Nomura in India

Chinese property company Sino-Ocean Group Holdings rolled out a rare corporate floating rate bond on Tuesday, bringing home $700m after big demand from investors.

UBS has hired two senior equity capital markets bankers formerly with JP Morgan for its Asia operations.

Julian Dunkerton, founder of fashion brand Superdry, sold a 5.5m share block in the company for £71m after the market closed on Monday.

Nonghyup Bank returned to the dollar market on Monday, making the most of an improvement in investor sentiment. The South Korean bank was able to price its new bond with little to no new issue premium.

Mainland telecommunications infrastructure giant China Tower hit the road on Monday to start drumming up interest in its HK$68.1bn ($8.7bn) IPO, according to a senior banker on the deal.

Agile Group Holdings snapped up $400m from a tap on Thursday, with investors’ response sending a strong signal to the high yield market, according to bankers.

Canadian Imperial Bank of Commerce (CIBC) sold its first senior unsecured Swiss franc debt on Thursday as opportunities for arbitrage grow for well-rated credits.

Deutsche Bank has seen the biggest fall among large investment banks of in employee approval of its CEO, according to analysis from UBS’s banks research team. The news comes as the German bank’s new boss, Christian Sewing, rolls out extensive cuts to international trading operations and a refocusing of efforts on Germany.

Korea Hydro & Nuclear Power (KHNP) raised $600m with a green bond on Wednesday, offering no new issue premium to an investor base desperate for environmentally friendly assets.