UBS

British Car Auctions, the UK secondhand car seller, marketed £270m of secured leveraged loans at a bank meeting on Tuesday, as part of refinancing of its debt structure.

Fiat Chrysler Automobiles will imminently launch a deal of up to $2.5bn comprising both an equity offering and a mandatory convertible bond.

Fiat Chrysler Automobiles will imminently launch a deal of up to $2.5bn, comprising both an equity offering and a mandatory convertible bond.

Medtronic grabbed the record for the biggest high grade corporate bond issue of 2014 this week, as investors returned from their Thanksgiving breaks keen to put cash to work in one of the busiest weeks of the year.

BMW Finance returned to the New Zealand dollar bond market for the first time in more than three years on Monday with a NZ$100m ($78m) three year deal.

Sentiment towards China property companies took a positive turn this month after the People’s Bank of China (PBoC) cut its benchmark lending rate. Dalian Wanda Commercial Properties is primed to take advantage of the optimism and will open books for its IPO of around $5.5bn next week. But while equity investors are expected to welcome Dalian with open arms, others may not be able to attract the same following, write Rashmi Kumar and John Loh.

Nirvana Asia opened books for its HK$2.28bn ($294m) IPO on December 2, offering the shares at a level on a par with some of its closest comparables. And despite a busy week for the Hong Kong Stock Exchange, interest among investors for the Malaysian funeral services provider was strong right from the beginning.

Three banks are looking to join a $120m dividend recap loan for diesel engine component maker ASIMCO Technologies. One has board approval for the transaction, while two have credit approval and are awaiting board approval, said a banker.

Another rash of block trades appeared in the European market this evening, though not as many as yesterday’s seven. The crop of four deals was led by a trade of €350m in Belgian nappy maker Ontex, where private equity groups TPG and Goldman Sachs are selling down after its IPO in June.

Siemens Audiology Solutions has enjoyed early commitments and well attended bank meetings in New York and London to market its €1.06bn loan and bond package to lenders.

Shareholders in JD.com have raised $619m by selling some of their holdings in the Chinese online retailer, in a deal that was increased in size from the launch amount. There was no price sensitivity among investors, who clamoured for stock even as the share price spiked by 9% during bookbuilding.

After many days in which bankers have wondered why more sellers were not bringing block trades to what are very strong equities markets, today a burst of deals hit the screens.