UBS

ABH Financial, the holding company of Russian private bank Alfa Bank, is planning a one year European commercial paper issue this week via UBS, according to three bankers away from the deal. The note’s size is capped at $100m.

Indonesian taxi operator Blue Bird Group has revived plans for an IPO worth around $400m and started pre-marketing the deal to investors on Thursday, September 18. The deal comes almost one year after the company delayed its listing plans when it failed to get the green light from the country’s regulator.

Chong Hing Bank’s $300m additional tier one (AT1) bank capital issue is attracting plenty of attention from fixed income investors, with bids crossing the $500m mark just 90 minutes after books opened at 9am on September 18.

Indonesia’s Kawasan Industri Jababeka completed an exchange offer for its outstanding 2017s on Wednesday. At the same time, the industrial estate developer also issued a new $190m five year non call three bond. Buoyed by strong demand for Indonesia, the deal was very well received and closed in two hours.

Nordea burst into the additional tier one market on Tuesday with its debut deal, a dual tranche dollar print. The issuer was able to draw a multiple times subscribed order book despite securing the lowest coupon yet in the format.

Indonesia’s Kawasan Industri Jababeka launched a five year non call three dollar bond on Wednesday. The issue features alongside an exchange offer by the industrial estate developer for its existing 11.75% 2017s.

Diageo, the UK alcoholic drinks group, was named by research firm CreditSights last week as one of the European consumer goods companies most exposed to risk from the Scottish independence referendum.

Nordea is set to sell its debut additional tier one print on Tuesday afternoon, just the second deal in the format to carry a pair of investment grade ratings. While some bankers away from the trade have suggested the deal came with overly generous initial price thoughts, the level is expected to tighten on Tuesday afternoon.

Hong Kong’s Sun Hung Kai (SHK) raised HK$1.008bn ($130m) through a top-up share placement on Friday, in a deal that saw demand worth more than $200m come in from investors.

Hong Kong’s Chong Hing Bank will be meeting investors this week for a proposed additional tier one (AT1) bank capital issue. If successful, the deal would be not only Asia’s second dollar Basel III AT1 transaction but also the borrower’s first international issue in almost four years.

Hong Kong’s Sun Hung Kai (SHK) opened books at midday on Friday, September 12 for a HK$1.024bn ($132m) top-up share placement, with wall-crossing efforts by the bookrunners over the week leading to the deal launching fully covered.

United Overseas Bank (UOB) made a return to the dollar market on Thursday, pricing a $500m 5.5 year issue. It was the Singaporean borrower’s first issue of dollar senior notes in more than two years and that fuelled investor appetite despite the presence of similar supply in the market.