UBS

Switzerland-headquartered engineering group Cavotec has increased its revolving credit facilities to €95m, saying it will use the additional funds to support mergers and acquisitions and growth.

Stronger markets in Hong Kong and China on June 30, after consecutive days of losses, paved the way for two accelerated blocks, as a cornerstone in Dalian Wanda Commercial Properties exited the firm, while Far East Horizon found an opportune window to raise new capital.

Fiat Chrysler Automobiles has completed syndication of a €5bn revolving credit facility, in the company's first loan refinancing since Fiat Group Automobiles merged with Chrysler last year.

Flow Traders Coöperatief, the Dutch financial trading firm, put out a price range for its IPO on Tuesday morning and opened the books.

Eusktaltel, the Basque Country telecoms firm, priced its Madrid IPO on Monday in the lower half of the range, raising €764m, in a volatile week for stock markets as the Greek crisis rolls on.

Orion Engineered Carbons has become the fourth company to pull a leveraged loan this month, as Greek-induced volatility batters the market.

Ado Properties, the German residential property firm, postponed its planned listing “until further notice” this week, blaming the withdrawal on uncertainty around the Greek crisis.

Chinese real estate corporate Wuzhou International Holdings has raised $100m from a tap of its 13.75% 2018s, this is the second re-opening on the bonds and was driven by reverse enquiry.

Korea Gas Corp (KoGas) mandated six banks as the company gears up for a benchmark sized return to the dollar bond market next month.

Financial institutions will be forced to pay sky high premiums to print tier two before the summer, as they balance regulatory demands for more loss absorbing capital against an unfriendly primary market, writes Tom Porter.

Orion Engineered Carbons, the German carbon black producer, is seeking a margin cut on a leveraged loan, just as the market's repricing wave appears to be ending.

Ufinet, the telecoms unit of Gas Natural Fenosa (formerly called GNF Telecom), has pulled a repricing of its €295m leveraged loan, in a sign that the market's repricing wave may be breaking.