UBS

China Merchants Bank (CMB) New York branch opened books on May 7 to a $500m three year bond, which will be the issuer's first outing in the international debt market. Bankers on the deal hope to see huge demand for China Construction Bank’s bank capital trade spill over to CMB New York's issue.

Hsin Chong Construction Group launched its inaugural bond on May 7 with investors getting the chance to buy into a rare unrated issuer from Hong Kong.

UBS has named two global co-heads for its financial sponsors business, poaching one from Morgan Stanley and promoting another from within the bank

UBS is the darling of the Street, for restructuring its investment bank early and vigorously. But the moment to “do a UBS” might have passed.

UBS reported year-on-year profit growth of more than 50% on Tuesday, buoyed by strong performances in its investment banking and wealth management divisions.

Santander Chile took advantage of a lack of international supply in Swiss francs to print a tightly priced new seven year on Tuesday.

Dufry – HES Beheer – BCA Marketplace – Club Med – Grupa Azoty – International Bank of Azerbaijan – Kungsleden – UBM Group – Oriflame

Banco Popolare’s window of issuance for the tier two deal it has been roadshowing has closed, with the issuer set to avoid the primary market ahead of reporting earnings.

Dufry, the Swiss travel retail group, has closed the term loan stage of its bridge loan takeout. The facility is oversubscribed and likely to come at a large size.

Europe's low yield environment has prompted a dramatic increase in Chinese issuers printing euro bonds this year. And with Beijing Enterprises and Yuexiu Transport Infrastructure raising a combined €700 ($772m) on April 29, observers are confident this trend is only about to get stronger.

China Communications Construction Co (CCCC) has secured the backing of its board for the H-share IPO of its dredging arm in Hong Kong, which is looking to raise about $800m.

Shanghai Haohai Biological Technology’s HK$2.36bn ($304m) IPO received a rousing reception, allowing bookbuilding to wrap up sooner than planned as booming demand led to the shares pricing at the top of the range.