UBS

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.

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.

Gategroup, the airline catering services company, has completed the syndication of its €250m term loan.

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.

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.

Swiss lender UBS has promoted Edmund Koh to lead its Asia Pacific wealth management business from next year.

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.

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.

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.

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.

The leveraged finance market suffered an unpleasant shock this week, when $5.6bn of loans and bonds for the Carlyle Group’s acquisition of Veritas Software had to be pulled. Bankers were left blaming market sentiment, an aggressive structure — and each other, write Max Bower and Victor Jimenez.

A trio of issuers from Finland and Sweden raised €3.5bn of funding in the covered bond market this week with strong receptions and limited spread concessions.