UBS

Well known credit strategist Suki Mann is set to join UBS in London and will start working at the bank in September.

Conan Tam, a managing director in UBS’ DCM syndicate desk has left the Swiss lender, confirmed sources close to the move.

CCB Asia priced a $200m tap of its 3.25% 2019s on Wednesday. The borrower landed the tightest spread for a five year dollar issue by a Chinese bank this year as appetite for China brought in an eight times subscribed order book.

Israeli energy conglomerate Delek Group has set price guidance on a €655m loan to back the sale to TDR Capital of its petrol station and convenience store operations in Benelux and France.

A tinge of risk-aversion crept into the US corporate bond market on Thursday, as investors digested the US government’s decision to broaden its sanctions on Russia over the situation in Ukraine.

A group of eight banks is expected to lead Shanda Games’ leveraged buyout loan of between $750m and $850m, which will help fund the company's going-private plans.

Southeast Asia’s largest e-payment firm, MOL Global, filed for a $300m Nasdaq IPO this week, and if successful it will be the first Malaysian firm to list in the US. Malaysia's capital-rich domestic market has traditionally kept firms onshore, but those aiming for the best valuations will be better off heading to the US, write Rev Hui and Rashmi Kumar.

The chairman and chief executive of the Philippines' Alliance Global Group, Andrew Tan, raised Ps7.87bn ($181.4m) on July 10 by selling a 2.7% stake in the company.

Capsugel, which makes pharmaceutical capsules, is raising $1.07bn-equivalent of loans and payment-in-kind toggle bonds, partly to fund a $400m dividend payment to its private equity owner, KKR.

Twin-Set Simona Barbieri, the Italian womenswear brand, today priced €150m of floating rate notes, in part to refinance loans raised at the time of its private equity buyout in 2012.

Israeli energy conglomerate Delek Group has set price guidance on a €655m loan to back the sale of its petrol station and convenience store operations in the Benelux and France to TDR Capital.

Promsvyazbank’s tier two bond minimum size has been set at $200m and the deal is well oversubscribed, according to a syndicate official on the trade. Pricing is expected later on Tuesday.