UBS

Bank J Safra Sarasin, created last year through the merger of two Swiss private banks, is set to sell its debut Swiss franc deal on Wednesday afternoon, opting for a six year print.

South Africa's FirstRand Bank made its Swiss franc debut on Tuesday afternoon, with leads able to outstrip the issuer's minimum size ambitions.

Jingrui Holdings has announced guidance on its debut dollar bond at 13.625%, the highest coupon on any dollar bond in Asia this year.

Locomotive manufacturer China CNR Corp started receiving bids for a HK$11.3bn ($1.46bn) IPO on May 7 offering its shares at a tidy discount to its closest comparables.

Investors are getting a preview of China’s largest container port for crude oil and iron ores as Qingdao Port Group started premarketing a $400m Hong Kong IPO on May 7, according to bankers on the transaction.

Yanzhou Coal Mining is meeting fixed income investors in Hong Kong and Singapore this week.

China Cinda Asset Management opened the books for a Reg S/ 144A dual tranche issue on Wednesday morning. Despite the complex nature of the issuer’s business, dealers are optimistic that the transaction will be able to overcome the challenges that China Orient Asset Management faced last year.

Online recruitment service provider Zhaopin is set to list on the New York Stock Exchange having filed for a $100m IPO on May 5.

Nets, the Danish payment and information services firm, has set price guidance on its €1.2bn term loan 'B'.

Bank J Safra Sarasin is expected to become the third Swiss bank to sell debt in its home currency this week on Wednesday, with the issuer meeting investors on Tuesday. Local lenders Valiant Bank and Raiffeisen Schweiz both sold Swiss franc paper on Monday.

FirstRand Bank is set to sell its inaugural Swiss franc bond on Tuesday afternoon, following fellow South African lender African Bank which has issued at least once annually in the currency for the last three years.

UBS released first quarter results on Tuesday, continuing a run of weak opening quarter results from financials with a 41% decline in investment banking profits. The bank also announced plans for a shakeup of its legal structure which will likely lower its capital requirements with the Swiss banking regulator.