UBS
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Logan Property Holdings Co raised HK$1.55bn ($200m) from a top-up placement on November 25, which was well received despite investors’ lack of familiarity with the company.
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OCBC has hired David Cheng from Deutsche Bank to be head of corporate finance. He will run the Singapore bank’s equity capital markets, M&A and equity syndication teams.
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Logan Property Holdings Co raised HK$1.55bn ($200m) from a top-up placement on November 25, pulling off a successful trade despite the huge chunk of shares on sale and investors’ lack of familiarity with the company.
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CRH, the Irish building materials group, breezed through the bond new issue market on Wednesday with a deal of over €1bn in euros and sterling.
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Gategroup, the airline catering services company, has completed the syndication of its €250m term loan.
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Baosteel Hong Kong Investment Co priced Asia’s first H-share equity-linked offering since 2007 on Tuesday, selling a $500m exchangeable bond that bankers are hailing as a market opener.
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A careful build up helped Veneto Banca raise €200m in tier two debt on Tuesday, as the bank looks to improve its capital position ahead of a share sale in 2016.
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Swiss lender UBS has promoted Edmund Koh to lead its Asia Pacific wealth management business from next year.
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Bank of East Asia (BEA) opened books for a dollar-denominated additional tier one (AT1) on November 25, with the Hong Kong lender looking to use the proceeds to fund the purchase of its outstanding legacy tier one instruments.
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A new issuer joined the convertible market on Tuesday, when Aurelius, a specialist German private equity firm, issued a €166m bond with a 1% coupon and 30% conversion premium.
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Baosteel Hong Kong Investment Co launched a $500m bond exchangeable into shares of Hong Kong-listed China Construction Bank Corp on Tuesday evening, with HSBC and UBS leading the trade.
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Piraeus Bank, the Greek bank most in need of new capital, said on Saturday (November 21) that it had completed the bookbuilding phase of its share sale, securing €1.34bn.