UBS

Muenchener Hypothekenbank returned to covered bonds for the second time this year to fill out its curve with an eight year deal. The bond size was increased following strong demand, partly driven by the recent rise in Bund yields.

Dell, the US personal computer maker, has closed books on a loan repricing and will increase the deal, although investors put the brakes on a full repricing.

Dufry, the Swiss duty free shop chain, will on June 11 start building the book for the Sfr2.2bn ($2.4bn) rights issue it signalled in March, as part of the financing for its €3.6bn takeover of World Duty Free.

Santander UK’s debut additional tier one (AT1) impressed on Wednesday, drawing £5bn of demand and lending confidence to a string of issuers looking to print before the summer amid tricky conditions.

Europe’s sunshine state may be about to default for the second time, but equity capital markets are fizzing with activity, and indices only a fraction off their post-crisis highs.

Ado Properties, the German residential property firm previously known as Swallowbird Trading & Investments, on Tuesday set out its plan to list on the Frankfurt Stock Exchange.

Three convertible bonds were launched in Europe on Tuesday, by British Land, steel tube maker Salzgitter and Iida Group, a Japanese condominium developer.

Sivantos, the renamed spinoff of Siemens Audiology Solutions, has launched a repricing of a €785m leveraged loan backing its buyout by EQT, which closed last December.

The bookbuild for the IPO of Spie —the French electrical, telecoms and technical services company — was launched on Monday June 1, and was covered on the first day.

Legend Holdings, Red Star Macalline Group Corp and Shandong Weigao Orthopaedic Device Co plan to hold their respective listing hearings with the Hong Kong Stock Exchange on Thursday, June 4.

China Railway Signal & Communication Corp (CRSC), the rail traffic control systems giant, has put up its draft prospectus with the Hong Kong Stock Exchange in an IPO that could raise up to $2bn.

Eli Lilly, the US pharmaceuticals company, made its euro bond debut on Tuesday, printing seven, 11 and 15 year notes and proving that the market is still open for longer dated paper — at a price.