UBS

Technology companies GalaxyCore and M800 Group are mulling a listing on the Hong Kong Stock Exchange, as the market prepares for a busy rest of the year.

Indonesian taxi operator Blue Bird Group opened books on Friday, October 3 for a Rph3.7tr ($307m) IPO, in a deal which will be the largest listing in the country this year.

Videocon d2h, the satellite television arm of India’s Videocon Group, has filed a preliminary prospectus to list on the country’s stock exchange, in a deal that will raise up to Rp7bn ($114m).

In a week with no senior or subordinated issuance in euros, RSA Insurance and Suncorp-Metway took centre stage with sterling prints. Both financials were able to get successful deals away despite struggling with turbulent markets, though they did catch some flak for issuing in volatile conditions.

A shareholder in South Korean company Naver Corp has raised W287.7bn ($267m) by selling a chunk of his shares in the tech group, in a deal that was launched fully covered and allowed the lead to exercise a greenshoe option.

Suncorp-Metway opened books for a sterling FRN on Monday morning, hoping to tap into demand for floating rate notes from investors anticipating a rates hike at the Bank of England in the near future. While a similar deal from Westpac New Zealand sold well last week, bankers away from the deal were concerned that a weaker rating could hurt Suncorp’s chances.

Hana Bank has become only the second Korean lender to tap the dollar market for a tier two bond, pricing a $300m issue on September 25 that was multiple times oversubscribed. But some of the credit for success has to go the country’s regulator for tweaking its Basel III rules before the transaction.

Swiss chocolate maker Lindt & Sprüngli returned to the bond market for the first time in nearly 15 years on Wednesday with a bumper Sfr1bn triple-tranche transaction.

French reinsurer Scor ended a long hiatus from the euro market on Thursday, selling a perpetual subordinated deal to a warm reception. The deal stood in contrast to one from Dutch insurer ASR Nederland earlier in the week, which struggled despite juicy pricing.

Belgian aluminium products group Corialis has changed pricing and terms set during initial guidance on its €483m acquisition loan.

Industrial and Commercial Bank of China (ICBC) priced its inaugural Swiss franc deal on Thursday, becoming the third Chinese borrower to debut in the currency this year.

It’s been a week of strong activity in India’s equity capital market, with a raft of public and private issuers gearing up to tap into the positive momentum surrounding Indian names.