UBS

The Asian Infrastructure and Investment Bank may follow other SSAs to the Kangaroo market.

US biopharmaceutical firm Johnson & Johnson on Wednesday issued a four tranche bond, including 19 year notes, amid much competition in a market that absorbed 17 deals this week.

UBS has appointed Damien Brosnan and Peihao Huang to the newly created positions of co-heads of ECM solutions for Asia, effective from last Friday.

Fullerton Health’s planned $200m IPO will no longer feature Morgan Stanley as one of the leads, leaving JP Morgan and UBS as the two banks handling the Singapore-bound listing.

Hong Kong financial investment firm Sun Hung Kai is in the market soliciting interest for an exchange offer that will see holders of its 2017 bonds switch to new notes maturing in 2021.

UBS has appointed Damien Brosnan and Peihao Huang to the newly created positions of co-heads of ECM Solutions, Asia, effective immediately, according to an internal memo seen by GlobalCapital Asia.

Centrica, the UK energy supply, trading and production company, raised £700m of new capital on Thursday to support its credit ratings with an intraday placement, but that was less than the £750m it set out to raise, and its share price fell 9.8%.

UBS remains on track, despite a disappointing first quarter, and is promoting its next generation, writes David Rothnie.

HDFC Standard Life Insurance Co (HDFC Life) has mandated four houses to run its IPO, which will be India’s first listing by an insurance company.

Italy’s scramble to prop up its weaker banks has halted what had been a strengthening rally in periphery bank debt last month, with the most recent deals all widening this week.

Barclays has this evening executed a R13bn ($900m) accelerated bookbuild in shares of Barclays Africa Group, its separately listed South African subsidiary, as the first stage in its already announced plan to divest the bank. The trade was covered in 35 minutes and multiple times oversubscribed.

Vodafone has mandated six banks for the IPO of its Indian arm, which could raise up to $2.5bn, according to sources close to the situation.