UBS

Heavy demand for Unitymedia's €785m bond issue on Tuesday turned it into a €1bn and $550m offer that still left some investors wanting more.

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

Hong Kong-based telecommunications company M800 has started investor education for its IPO, as it looks to raise $150m before the end of the year.

BAIC Motor Corp, which has joint ventures with brands such as Mercedes and Hyundai, has stared educating investors about its $1.5bn-$2.0bn Hong Kong IPO that is set to open books on December 8.

Chinese passenger vehicle manufacturer BAIC Motor Corp is to start tapping investor interest for an up to $1.5bn IPO in Hong Kong on Monday after receiving listing approval.

Siemens Audiology Solutions, the hearing aid maker, has launched a €1.06bn bond and cov-lite loan package that will back its buyout by EQT.

Bank of New Zealand and Rabobank navigated a tricky senior unsecured market for financials this week, selling the only deals of the week on Monday.

Veteran Chinese dealmaker Henry Cai is said to be considering leaving Deutsche Bank after four years with the firm.

Repsol, the Spanish oil and gas company, has issued a €500m 12 year bond, extending its maturity profile by five years and only had to pay a small new issue premium, according to a banker.

Preliminary results of UBS’s share exchange are in, showing that the Swiss bank has been successful in creating a holding company, UBS Group AG, at the top of its corporate structure.

Huadian Fuxin Energy Corp has raised HK$1.72bn ($222m) through a private placement of H-shares to a group of 10 investors, with the company’s sector of operation winning the favour of the market.

Korea East-West Power Co (EWP) provided a strong end to what has been a mixed year for Korean credits, selling a $500m 5.5 year bond on November 24. Investors thronged to the quasi-sovereign, which benefits from favourable government policies, at one point helping the order book reach eight times subscribed.