UBS

UBS has created an new Asia Debt Financing Group, combining its existing debt and leveraged financing teams, according to an internal memo seen by GlobalCapital Asia.

United Overseas Bank sold a landmark transaction this week, printing the first euro-denominated covered bond from Asia, and plans to become a frequent issuer in the market.

Macquarie Group’s Delaware Investments has hired a team of emerging markets equity investors from UBS Asset Management

UBS has hired Alice Crawley from Bank of America Merrill Lynch to manage business selection and conflicts for its investment banking businesses, a new job at the firm.

Santander Consumer Finance took advantage of relatively stable conditions in the Swiss franc market on Tuesday to print just its second bond in the currency.

Solera Holdings, the Texan car and property insurance claims processor, priced its $3.9bn acquisition debt package in line with revised guidance, after reshaping the debt structure in response to weak investor demand.

Cinven sold a Skr735m ($86m) block of shares in Swedish outsourcing company Coor Service Management on Thursday last week. The deal represented a whopping 250 days of average trading in the stock.

The board of Sponda, the Finnish property investment firm, has decided to raise €220.8m in a rights issue to partially repay a bridge loan.

Solera Holdings’ $3.9bn debt acquisition package has been reduced, following insufficient demand for the $2bn-equivalent bond’s euro tranche.

One of UBS's most senior managing directors in European leveraged finance has left the bank.

China is hosting the G20 meeting this week in Shanghai and the question about the path ahead for the renminbi is front and centre. But, despite subdued volatility in the currency following the Chinese New Year holiday, the picture remains as muddled as ever.

UBS launched the first euro senior bank holding company bond of the year on Thursday, but bankers were divided over the trade’s pricing, as well as whether more could follow.