UBS

China Communications Construction Co (CCCC) has hired three banks to prepare a dollar-denominated senior perpetual deal. If it goes ahead, the deal will be the borrower's debut in the international bond market.

A managing director covering infrastructure has left UBS's corporate debt capital markets team. The bank's reluctance to lend may have limited its infrastructure finance business compared with firms that deploy more balance sheet.

A pipeline of financial institution deals is assembling following the Easter break, with ING hitting the road for its additional tier one deal in three continents and Achmea announcing a senior unsecured transaction.

Shanghai Haohai Biological Technology is to start gauging investor appetite for its $200m IPO in Hong Kong next week, with books scheduled to open in mid-April.

Swisscom sold its longest ever bond on Monday as part of a Sfr365m dual tranche transaction.

Dufry, the Swiss travel retail operator, is assessing how it will use the capital markets to finance its €3.6bn cash acquisition of World Duty Free, announced on Monday.

ABN Amro returned to the Kangaroo market on Wednesday after a 12-month absence with a new five year bond.

ING is set to leap into the post-Easter market for its first additional tier one deal, looking to add to a recent hot streak for subordinated paper.

Swiss travel operator Dufry is set to launch around €1.5bn of loans and bonds backing its €3.6bn acquisition of World Duty Free after the Easter weekend.

The post-Easter deal pipeline began to fill on Wednesday, with ING mandating banks to arrange investor meetings ahead of its debut additional tier one trade.

At the end of a very busy quarter of block trades, business continues – despite the approach of Easter holidays. Tonight, UniCredit won an auction to sell 10.5% of Jenoptik, the German optical systems company, while during the day Goldman Sachs placed £164m of stock in Aviva.

Dufry, the Swiss travel retail operator, will look to raise at least Sfr2.2bn (€2.1bn) from a rights issue funding its takeover of World Duty Free, over half of which is secured by three cornerstone investors.