UBS

Compagnie de Financement Foncier (CFF) came to market with its second Obligation Foncière of the year on Tuesday, matching the previous deal’s €1bn size — but this time in a 10 year maturity, rather than five year tenor.

New York Life Insurance Co sold its first Swiss franc bonds since 2006 on Tuesday, drawing interest for a five year deal despite a low coupon.

UBS has launched a high-capacity algorithmic trading platform for US equity swaps, SwapsDirect, allowing institutional clients to execute US equity swap transactions electronically directly from their execution management or order management systems.

State Grid Corporation of China launched a triple tranche $3.5bn deal on Monday. While the 10 and 30 year tranches priced inside the curve of China National Offshore Oil Corporation (CNOOC), the deal nonetheless suffered from investor fatigue as the market struggled to digest the $9.5bn already raised by Chinese state owned enterprises this month.

7-Eleven Malaysia Holdings will be taking an unusual approach for Malaysian deals when it launches its MR720m ($220m) IPO in the second week of May. Cornerstone investors will not be subject to any lock-ups.

WH Group's ill-starred attempt at an IPO finally came to a crunching halt on Tuesday night, as the issuer pulled the plug on its HK$14.6bn ($1.9bn) deal, blaming market conditions. Despite the high profile of the deal, bankers are confident that the pipeline can withstand the failure. But that did not stop a furious debate as to why the deal had collapsed.

New York Life Insurance Company sold its first Swiss franc bonds since 2006 on Tuesday, drawing interest for a five year deal despite offering investors an eye-wateringly low coupon.

What was supposed to be the largest Hong Kong IPO of 2014 ended in acrimony on Tuesday night as WH Group ended its sorry journey to market by postponing its HK$14.6bn ($1.9bn) listing.

New York Life Insurance Company is set to return to the Swiss franc market after an eight year absence on Monday afternoon, with leads marketing a five year trade. The issuer's strong rating — triple-A from two of the major rating agencies — is expected to draw in strong demand.

CLP Power received a strong following from institutional investors for a hybrid perpetual non call 5.5 year bond that priced on Tuesday night. The trade was intended to strengthen the issuer’s balance sheet following the announcement of big acquisitions at the end of last year.

Philippine property company 8990 Holdings has priced a $182m block trade that market participants considered as a re-IPO, given the small size of its float on the Philippine Stock Exchange.

China Cinda Asset Management is seeking its first dollar bond as it meets investors this week and next. It is the second Chinese bad debt management firm to hit the market after China Orient Asset Management issued $600m last September.