UBS

The Commercial Bank of Qatar sold three year Swiss franc bonds on Tuesday, to serve as the best illustration yet of the rekindling of the relationship between Swiss buyers and Middle Eastern financial credits that could bloom into a record year for issuance, writes Silas Brown.

UBS’s new head of corporate client solutions in EMEA believes the bank can weather any downturn in FIG revenues and make the running in M&A, writes David Rothnie.

Modern Land (China) Co sold its third green dollar bond on Tuesday, as it remains the only Chinese green issuer from the high yield property sector.

Baidu-backed video streaming service iQiyi and Chinese hotel operator GreenTree Hospitality Group are readying a pair of US IPOs for the end of March to raise a combined $1.7bn.

Bangladesh's independent power producer Summit Power launched pre-marketing this week for a ground-breaking Singapore IPO. It will be only the second international listing by a Bangladeshi company.

Gazprom made its sixth appearance in the Swiss franc bond market on Wednesday, but for only the first time as an investment grade credit after S&P upgraded its rating. Institutional investors, which only buy bonds that are eligible for the Swiss Bond Index, piled into the transaction, pushing pricing down and the size up.

Four of the six deals in the primary market in Asia on Tuesday were from Chinese real estate companies. But despite the inevitable competitive dynamics between the trades, Modern Land (China) Co, Yuzhou Properties Company, Guorui Properties and Tahoe Group Co were all able to meet their targets.

Luye Medical, the healthcare services arm of Luye Life Sciences Group, has enlisted three banks to lead its IPO of about $500m in Singapore.

Chinese video streaming platform iQiyi filed a draft IPO prospectus with the US market regulator on Tuesday. It is aiming to raise up to $1.5bn from its listing this year.

Bangladeshi independent power producer (IPP) Summit Power has launched investor education ahead of its ground-breaking Singapore IPO, according to a banker close to the deal.

Grand City Properties, the German residential property firm, printed eight and a half year Swiss franc bonds on Wednesday, and also sold a new nine year in euros on Monday alongside a tender for some outstanding bonds and convertibles.

The pipeline for equity capital raisings out of Southeast Asia is filling up nicely, with issuers from the Philippines, Vietnam, Bangladesh and Singapore looking to launch deals.