UBS
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The price range for the €680m IPO of Aedas Homes, the Spanish home builder, has been narrowed to €31.65 to €32.40, the bottom half of the initial range. The deal is covered throughout that range, according to a banker involved in the deal.
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Chinese private equity manager Tongchuangjiuding Investment Management Group Co is planning to reopen a dollar bond it priced just three months ago. The issuer will hold a two-day roadshow in Hong Kong from Monday.
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CVC has made two unitranche loans in the Netherlands, to Voogd & Voogd and Berning, amid busy activity in leveraged debt markets of all kinds.
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Two North Asian issuers raised $608m in separate overnight primary equity placements on Thursday after both deals were fully upsized, although they priced near the bottom of their respective offering ranges.
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The private equity arm of Goldman Sachs has sold the last of its shares in Dong Energy, the Danish power company, for Dkr4.3bn (€576m).
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Unrated jewellery company Folli Follie debuted in the Swiss franc bond market on Wednesday, having failed in a previous attempt — a sign that retail buyers are becoming more receptive, market participants said.
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Chailease Holding Co’s offering of global depositary shares, worth as much as $314m, has been covered to the full size including the greenshoe, said sources close to the transaction.
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A trio of Asian firms listing in the US have received stellar responses to their IPOs, with Qudian, Rise Education and Sea all getting the thumbs-up from investors.
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Empark, Vallourec and Dufry met strong demand for their new high yield bonds this week as investors opened their deep pockets.
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After a successful two week investor education process, Bawag, the Austrian bank, has unveiled the terms for its IPO on the Vienna Stock Exchange, which could value it at up to €5.2bn if it is priced at the top of the range.
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Commonwealth Bank of Australia (CBA) this week raised Sf450m ($462.1m) from the Swiss franc bond market in the largest single tranche Swissie bond by an Australian financial since 2009. The borrower took advantage of the downgrade of a clutch of regular Swiss franc issuers to sell its trade.
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Philippines-listed DoubleDragon Properties Corp is gearing up to launch a re-IPO worth Ps7.5bn ($145.6m), aiming the deal firmly at international investors.