UBS

Sinochem printed the first ever Swiss franc deal from a Chinese corporate, and did so inside its dollar curve on Thursday thanks to strong demand from local asset managers.

Total leveraged its status as a repo eligible name in Switzerland to achieve tight pricing on a new Sfr200m ($214m) 12 year Swiss franc bond on Thursday.

UBS arranged on the evening of Thursday May 21 the sale of a 0.8% stake in media group Daily Mail and General Trust, raising £26.6m for the selling shareholder, DMGT's chairman Viscount Rothermere.

Transurban tapped the euro bond market for a long 10 year on Thursday. It drew a healthy order book, but not as large as that of Electricity Supply Board’s issue on the same day, prompting some bankers to wonder if European issuers might have a home advantage.

Dealers representing more than 60% of the foreign exchange market have pleaded guilty to criminal charges in the US. Citi, JP Morgan, Barclays, Royal Bank of Scotland and UBS have all entered guilty pleas over their foreign exchange conduct on Wednesday.

Adecco, the Swiss recruitment and employment agency, highlighted strong demand for corporate bonds in the eight year part of the euro curve on Monday.

BAML has pulled off what few thought possible and drawn level with JP Morgan as top broker to the UK’s blue chips, writes David Rothnie.

Saratoga Investama Sedaya, the Indonesian private equity firm, issued the first exchangeable bond of the year on May 19, printing a $100m five year put three offering that drew strong demand with its rarity.

GlobalCapital presents its annual Corporate Bond Awards 2015. These Awards are determined entirely by a poll of market participants, and celebrate the outstanding issuers, investment banks and rating agencies in the European high yield market between May 2014 and April 2015. GlobalCapital congratulates all the winners and nominees.

Singapore’s Keppel Infrastructure Trust has opened books on an accelerated share sale to raise S$525m ($397m) via a primary placement and preferential offer.

Saratoga Investama Sedaya, the Indonesian private equity firm, has issued the first exchangeable bond of 2015 on May 19, printing a $100m five put three offering that saw its rarity value driving demand.

UBS has paid another $545m in fines for Libor and FX manipulation, as well as pleading guilty to its to wire fraud related to Libor. The bank has provisioned for these fines, and expects to shrug off the payments in its second quarter numbers.