UBS

Chinese broker Citic Securities is out with its first outing since October 2014, having opted for a dual-tranche offering split between a 5.5 year and a 10 year tranche.

GlobalCapital is delighted to announce the winners of its Americas Derivatives Awards for 2016. The results were revealed at a gala dinner at New York’s Metropolitan Club on June 2. Thank you to everyone who supported the event by attending and for taking part in the pitches that decided who were the best and brightest in US, Canadian and Latin American derivatives over the last 12 months.

Aetna proved the resilience of the dollar market by printing a $13bn M&A trade with no new issue premium on Thursday, coming just days after the busiest ever month for US high grade bond issuance in May.

The race is on for India’s first insurance IPO as ICICI Prudential Life Insurance lines up banks for its up to $400m float.

Veneto Banca’s IPO bookbuild will begin on June 8, but hopes of it achieving its flotation in Milan are dim. “At the bottom of the price range, there are cheaper Italian banks,” said one banker on the deal, encapsulating the problem.

The wave of rights issues and capital raisings in the market this summer is so far going smoothly, with good news this week for Banco Popular Español, as its shares and rights perked up in trading.

The Asia ex-Japan block trade market took flight this week as three overnight share sales priced on Wednesday, two of which were executed by Morgan Stanley and one by UBS.

Doosan Heavy Industries & Construction is selling down some of its treasury shares in a deal which could bag the firm up to W165bn ($138.3m).

HSBC has appointed Andre Cronje as chief operating officer of global banking and markets, the bank's investment banking and trading division. Cronje had previously been COO of UBS Investment Bank.

Asia’s oldest bourse, the Bombay Stock Exchange, is planning to sell 30% of its share capital in an IPO by the end of the financial year, according to a notice to shareholders.

Indonesia’s Cikarang Listrindo has allocated its Rph3.6tr ($264m) IPO to an investor base comprising mainly long-only accounts, deciding not to enlarge the float despite having enough demand, said a source with direct knowledge of the matter.

Korea Gas Corp (KoGas) has kicked off preparations for its first international bond of the year, which will hit the market next month.