UBS
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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.
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Julian Dunkerton, founder of fashion brand Superdry, sold a 5.5m share block in the company for £71m after the market closed on Monday.
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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.
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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.
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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.
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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.
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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.
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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.
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Hong Kong’s Securities and Futures Commission has sanctioned a former Standard Chartered executive in Hong Kong for IPO-related offences.
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Shanghai Fosun Pharmaceutical Group bagged HK$2.6bn ($331m) from an H-share placement on Wednesday, its first capital raise in more than a year.
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