UBS

Property companies Country Garden Holdings Co (CoGard), Times Property Holdings, Tahoe Group Co and Wharf Real Estate Investment Company hit the dollar debt market in force on Tuesday.

While the high yield bond pipeline has yet to reveal its first roadshow of 2018, two leveraged loan borrowers announced new deals on Friday. They are trailer supplier Dexko Global and Planasa, the Spanish berry producer.

Property developer Lai Fung Holdings will kick off a roadshow next week for a new dollar bond.

Equity syndicates expect a robust IPO pipeline to power strong issuance in the first half of this year, which could set 2018 up to surpass what was a good 2017.

UBS raised €4.12bn equivalent of senior debt at operating company level across three tranches and two currencies on Thursday, while ABN Amro looked to tap its June 2022 sterling senior bond.

Standard Chartered has brought a former banker at Citi out of retirement to run its Greater China and North Asian business.

Former Credit Suisse investment banker Byungil Lim will start at UBS next week, taking charge of the bank's South Korean operations, according to a source familiar with matter.

Economic conditions are ripe for the mergers and acquisitions that drive capital markets. Into this mix comes a potential US tax reform more radical than any for decades. This is bound to tilt boardroom decisions about strategy — if nothing else, US CEOs could suddenly have more cash back at HQ than they know what to do with. Jon Hay and Sam Kerr report.

Dealogic could be one of the last leveraged loan deals to close in 2017. With allocations of its dividend recapitalisation loans due on Friday, the deal is likely to cap what has been an all-time record year of issuance in the European leveraged loan market.

China Everbright Bank has appointed CICC as the lead financial adviser and placing agent for an H-share placement that could be worth around HK$21bn ($2.7bn).

European banks were outgunned again in corporate finance in 2017 but there is cause for optimism for next year, writes David Rothnie.

Leveraged loan investors are still at the table in a week many expected to be quiet. Double-B rated borrowers like Nomad Foods, the UK frozen food producer, found strong demand after slashing margins and selling add-ons.