UBS

UBS is set to lose its co-head of ECM solutions for Asia at the end of the year, sources told GlobalCapital Asia this week. His departure comes two months after the bank said Hong Kong's regulator was investigating it for its role in IPOs, though the two events are thought to be unrelated.

Local government financing vehicle (LGFV) Xuzhou Hi-Tech Industrial Development Zone State Asset Management Co and property developer China Vanke Co announced their respective dollar-denominated bonds on Thursday, following the US Federal Reserve’s decision to lift interest rates.

LR Capital Group made its international bond debut on Tuesday with a $150m deal. The transaction was announced with sufficient anchor orders, thanks to an extensive marketing effort by the leads.

Pfandbriefbank Schweizerischer Hypothekarinstitute tapped two Swiss covered bonds on Tuesday, in what was likely the final trades of the year. The shorter 10 year Pfandbrief tenor offered a 0.29% yield, an early Christmas present to investors forced far along the curve throughout the year.

Shandong Ruyi Technology Group and LR Capital Group are marketing their respective dollar transactions, ahead of a two-day Federal Open Market Committee meeting starting Wednesday.

Chinese selfie app maker Meitu wrapped up its IPO at the bottom of guidance last week, raising HK$4.9bn ($631.5m) in fresh funds.

UniCredit turned to the equity-linked bond market on Thursday to dispose of its last 7.4% stake in Bank Pekao, after agreeing to sell 32.8% of the Polish lender to insurance company Powszechny Zakład Ubezpieczeń and the Polish Development Fund, for Z10.6bn (€2.4bn).

Two firms with Asian links canned their US floats this week, with InnoLight Technology Corp and Ironshore announcing they have dropped their listing plans.

BAML loses Hong Kong IB chief to UBS — UBS hires from Deutsche for M&A — ANZ appointments — SGX names head of fixed income sales

China Minsheng Banking Corp grabbed the market’s attention on Wednesday, raising the maximum amount it had approval for with its debut additional tier one note, and getting away with little new issue premium.

China Minsheng Banking Corp is set to debut in the dollar bank capital market, launching its deal on Wednesday morning in a week otherwise filled with trades from local government financing vehicles (LGFVs).

Business travel group Carlson is running a roadshow for what could be the European high yield market's last deal of the year as it aims to refinance its debt with a three tranche bond.