UBS

Kyobo Life Insurance Co and Korea Hydro & Nuclear Power Co have mandated banks for new dollar outings.

South Korea's Nonghyup Bank is readying investors for its annual dollar bond.

UBS has appointed new leadership for its M&A advisory division for Asia Pacific, following the departure of Alison Harding-Jones.

Qinghai Provincial Investment Group Co, Guangdong Hengjian Investment Holding Co and China Logistics Property Holdings Co are expected to meet Reg S investors early next week.

Europe’s IPO market took a couple of knocks this week when one flotation was pulled and another traded sharply down on its debut, partly because investor sentiment has cooled. But there was still enough vigour in the market to ensure a successful conclusion to the €3bn re-privatisation of Allied Irish Banks (AIB), write John Loh and Jon Hay.

Zur Rose Group had a flying start with the launch of its Sfr252m ($259m) IPO on the SIX Swiss Exchange on Thursday, as books were covered within four hours to the full deal size, including the greenshoe.

A senior equity capital markets banker has left UBS to become chief financial officer of an internet startup.

Allied Irish Banks again tightened guidance on its London and Dublin IPO this evening, moving the lower and upper limits to €4.30 to €4.50 a share.

Delivery Hero, the Rocket Internet-backed online food delivery company, set a price range for its €747m to €866m IPO this morning, and will open the bookbuild on Tuesday.

A week long roadshow and investor meetings in six countries paid off for Swedish debt collector Intrum Justitia, which sold the bond to fund its merger with Lindorff with an average coupon of below 3% on Friday.

Metro Pacific Investments Corp raised Ps12.7bn ($256m) from a selldown in Manila Electric Co (Meralco) on Tuesday that effectively boosted, rather than cut, its stake in the latter.

The €3bn IPO of Allied Irish Banks, the Irish banking group, was covered at its maximum size including the greenshoe by the end of the first day of the bookbuild on Tuesday. The deal could value the rescued financial institution at up to €13.3bn if it is priced at the top of its range.