UBS
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Dan Botoff, the head of fixed income syndicate for the Americas at UBS, has quit to join RBC Capital Markets.
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TeamSystem, the Italian software designer and distributor, has sold a €130m tap of its 7.375% 2020 bond to finance its acquisition of 24Ore Software.
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Eden Springs, a provider of watercoolers and coffee makers, has sold its debut high yield bond, less than a year after its buyout by Rhône Capital.
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Tanks are moving in Ukraine and shots being fired are no longer isolated. But to look at financial markets, you would think Russia’s president Vladimir Putin had flown to Kiev to kiss and make up.
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Crédit Agricole sold its second Swiss franc deal of the month on Wednesday, a 10 year print. The final deal was more than double the issuer's target size, with bankers predicting success for other deals with long tenors.
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The head of fixed income syndicate for the Americas at UBS has left the bank to join a Canadian rival.
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Industrial Bank of Korea priced its $300m global depositary receipt offering on Friday, almost a week ahead of schedule, with reverse enquiries sufficient to cover the trade.
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Bank of Communications opened the books for a five year deal on Wednesday morning in the the second issue that will be made through its offshore special purpose vehicle Azure Orbit International Finance.
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Aluminum Corporation of China last week raised $400m with its second dollar perpetual bond. The deal was increased from a $200m-$300m target as investors responded enthusiastically to the bond’s shorter call date.
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State Grid Corp of China will meet with investors next week, as it looks to make a return to the dollar market following its last deal, a $2bn triple trancher in May 2013.
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MIE Holdings priced a $500m bond on Tuesday night to redeem an existing bond that will be called in May. A substantial anchor presence in the order book built a solid foundation for the 144A/Reg S transaction, which managed to print slightly inside the issuer's existing curve.
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Taiwanese silicon wafer fabrication firm Inotera Memories has hired three banks to work on a global depository receipt transaction, which could be worth up to NT$12bn ($367m).