UBS

Shanghai Haohai Biological Technology is scheduled to start investor education for its $200m IPO in Hong Kong after the Chinese New Year holidays.

Private equity firm CVC offloaded an 8% stake in Indonesia’s Matahari Department Store on January 23, netting it Rph3.67tr ($296.13m) in a block deal that was short on time but nonetheless enjoyed solid demand.

Indonesia industrials are returning to the dollar bond market with MAXpower Group and Tower Bersama Infrastructure readying new deals.

UBS said it would pay part of its 2014 bonus pool in additional tier one (AT1) capital, following two previous years of paying bonuses in tier two. It plans to issue around Sfr2.5bn ($2.9bn) of AT1 to its employees over the next five years.

Philippines’ Metropolitan Bank is set to raise up to Ps32bn ($719.38m) in a rights offering to beef up its capital ratios.

NordLB Covered Finance Bank (NORD/LB CFB) is set to revive the sedentary Lettre de Gage (LdG) market and plans to issue its first benchmark sized covered bond. The issuer, which will take advantage of the recently updated Luxembourg legal framework, mandated leads for a European roadshow on Tuesday.

Lenovo owner Legend Holdings is looking to list in Hong Kong during the second half of 2015 in a $2bn-$3bn IPO, with its size and diversified business expected to drive investor interest.

Bain Capital Glory exited Gome Electrical Appliances on January 21 via a HK$1.04bn ($134.16m) overnight block, taking advantage of the last available window to execute the trade before the company goes into a blackout period. The stock was sold close to the bottom of the price range, as the private equity firm opted to keep one long-only account happy and ensure good aftermarket performance, rather than push for a higher price.

Philippine issuers are leading the way among their southeast Asian counterparts in the block trade market, having already raised more than $600m since the start of 2015. The latest to hit the screens was JG Summit Holdings, which netted Ps8.8bn ($200m) from a top-up placement of shares on January 21.

Just six months after Bain Capital Glory shed some of its stake in Gome Electrical Appliances, the private equity firm is back to the ECM market. This time it is looking to completely exit from the Hong Kong-listed firm via a block trade that could earn it as much as HK$1.06bn ($137m).

Lenovo owner Legend Holdings is looking to list in Hong Kong during the second half of the year in a $2bn-$3bn IPO, with its size and diversified business expected to drive investor interest.

Giles Borten, former head of EMEA levfin at UBS, has joined ANZ as global head of funds and insurance.