UBS

Swiss Prime Site, the Olten-headquartered property company, was gifted the full attention of the Swiss market on Tuesday, offering a nine year bond with a healthy new issue premium.

Bank of China launched its multi-currency, multi-tranche transaction on Tuesday morning, as Citic Securities also opened books for two tranches of dollar notes.

Asia’s primary DCM market is busy on Tuesday ahead of the long Easter weekend, with Lianyungang Port Group, China Oil and Gas Group, Yida China Holdings and Golden Wheel Tiandi Holdings Company opening books for their respective dollar bonds.

Shares in Gestamp Automoción and Banca Farmafactoring, which had performed poorly on their first day of trading after their IPOs on Friday April 7, steadied this week, providing relief to equity capital markets bankers anxious to avoid poorly performing deals putting off investors.

LGT Bank, the private bank owned by the ruling family of Liechtenstein, returned to the Swiss bond market on Monday, opening a new 10 year line in francs.

Bain Capital and Cinven have agreed to buy Stada, the German generic pharmaceuticals firm, for €4.1bn, in the biggest private equity acquisition of a European company for four years.

UBS has appointed May Yan as a managing director to lead its equity research coverage of Greater China financials, according to a memo seen by GlobalCapital Asia.

Bank of China, CCB Life Insurance and Citic Securities kicked off investor meetings and calls this week, in pursuit of Reg S deals.

Yida China Holdings, Peking University Founder Group Company, Red Star Macalline Group Corp and HKICIM Group are looking to hit the offshore debt market, mandating banks for their respective Reg S transactions on Monday.

The year's biggest IPO so far in EMEA has also proved one of its most successful. Galenica Santé, the Swiss pharmacies group, attracted over 1,000 investors, priced at the top of its range and rose 10% on its debut.

Regal Hotels International Holdings locked in $225m on Thursday from a fixed-for-life perpetual non call five on the back of over $1bn of demand at its peak. While the issuer timed its deal well, it was not everyone’s cup of tea, said bankers.

Indonesian developer Modernland Realty closed a modest $240m deal on Thursday, against a weaker market backdrop in Asia.