UBS

UBS has reorganised the leadership of its investment bank in Emea, naming new leaders for overlapping networks of sector and country client bankers.

Fosun International-backed insurer Ironshore is looking to raise some $100m via a US listing in a trade to feature only secondary shares, according to a filing with the US Securities and Exchange Commission.

For the first time since the financial crisis, UBS has rediscovered its mojo in the US, writes David Rothnie.

CDB Capital, a wholly-owned subsidiary of China Development Bank Corp, has mandated banks to arrange a roadshow from Friday for a Reg S only dollar trade.

Singapore’s authorities are set to take action against multiple banks where they have discovered failings in anti-money laundering controls relating to Malaysia’s scandal-hit investment fund 1MDB.

UBS has made yet more changes to its investment banking business, naming Matthew Grounds as chairman of investment banking for Asia Pacific.

Riemser, the German pharmaceuticals firm, has release priced guidance on its €286m seven year term loan ‘B’ dividend recap. While the UK's Vue Entertainment has privately placed its €120m term loan.

Softbank, the Japanese technology and telecoms group, has taken a ¥1tr ($9.5bn) loan for its £24bn acquisition of Arm Holdings, the UK firm which designs mobile phone chips. The loan could be syndicated to non-Japanese banks if the refinancing strategy requires it, said one senior banker.

ICICI Prudential Life Insurance Co has kicked off investor education for its September IPO that could raise around $400m, according to a source familiar with matter.

The Africa Finance Corp, the private sector-backed West African multilateral development bank, made its debut issue in the Swiss franc bond market on Wednesday.

Gamenet, the Italian gambling machine operator,opened a roadshow on Monday for €200m of high yield notes — the third high yield issue from an Italian borrower since the UK referendum on June 23.

Two Ardian owned firms joined several others in the market late this week — leaving levloan participants incredulous at the market's strength in the wake of the Brexit vote.