UBS

Italian insurer Assicurazioni Generali took advantage of a good market tone to offer up a deal that combined several features of recent success stories: subordinated insurance debt, and Europe's periphery.

Sinochem Hong Kong priced a $500m five year bond inside its existing curve on Tuesday night. The transaction came on the back of a trio of ratings upgrades for the issuer and was able to attract a high quality orderbook with a strong following by US accounts.

Mainland trains manufacturer China CNR has started pre deal investor education for a Hong Kong IPO which could be worth up to $1.6bn.

China National Overseas Oil Corporation opened the books for a three tranche transaction on Wednesday morning as the issuer embarks on its annual bond fundraising, joining a number of other Chinese state owned enterprises that have come to the market in recent weeks.

Nets, the Danish payment and information services firm, will hold a bank meeting on Thursday to market €1.4bn of buyout loans.

The world’s largest pork producer is restructuring its IPO just hours before pricing is due. WH Group is considering reducing its planned deal size by 50%, with discussions ongoing over whether or not the current price will work at all.

Bank of Communications Financial Leasing has raised $500m with a new five year but was forced to offer a 10bp-15bp new issue premium to compete with the recent heavy Chinese bank supply and to tempt investors after the recent sell-offs.

Dan Botoff, the head of fixed income syndicate for the Americas at UBS, has quit to join RBC Capital Markets.

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.

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.

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.

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.