UBS

Mondelez followed up its Swiss franc debut in March with a second successful outing this week, taking the total raised in the currency this year to Sfr1.075bn.

UBS pulled in $13bn of demand for a holdco senior debut in dollars this week, which for some bankers showed the gulf between attitudes towards loss-absorbing debt on either side of the Atlantic.

ING Belgium and Bawag received good receptions for their covered bonds issued this week, in contrast to less spectacular outcomes for deals from Westpac New Zealand and UniCredit.

The European high yield market appeared to have woken up this week with three roadshows and €900m on offer — but only one borrower has printed, and investors have now little hope of an unequivocal improvement any time soon.

Avangard, Ukraine’s largest egg producer, has appointed a Swiss bank as sole solicitation agent for its planned Eurobond restructuring.

UBS's head of UK and Ireland FIG DCM is to take on the lead EMEA post in the division.

Three shareholders in HKBN have exited from the Hong Kong-listed telecommunications company, raising a collective HK$614.2 ($79.3m), in what is the first accelerated block in the stock since its IPO in March.

Arrow Global, the UK distressed debt buyer and manager, on Wednesday issued a €110m tap of its €225m floating rate high yield bond, to support business purchases in the UK and Portugal.

UBS has hired an emerging market credit sales specialist to its office in London.

Korea National Oil Corp (KNOC) has made a successful return to the dollar bond market, with the recent sovereign credit rating upgrade allowing the borrower to enjoy a strong investor reception. Not only was it able to raise more than planned, but KNOC also priced the new bond inside its existing curve.

The dollar market has burst into life after post-Fed with three European issuers tapping the currency in two days as the euro market drifts without direction.

UBS made a successful holdco debut in the US markets on Monday. More than $13bn of demand propelled the triple tranche note inside Credit Suisse’s indicative secondary curve.