UBS

ANZ became the first Australian bank to print an offshore Basel III-compliant bond when it priced an $800m tier two bullet this week.

ISS, the Danish facilities services company, traded up on its first day on the Copenhagen stock exchange on Thursday, after completing the largest Danish IPO since 2010 with a Dkr8.1bn ($1.5bn) offering.

The heyday of the Spanish Cédulas market may be long gone with the product presenting something of a rare commodity in the primary market these days, especially at the long end of the curve. But this week investors got their chance to buy when CaixaBank issued Spain’s second only covered bond of the year and the second only 10 year in two years, even though the issuer admitted it did not need the funding.

Over €10bn of orders proved inadequate insurance against a shift in sentiment this week as the tightest additional tier one debt deal yet — KBC Group’s €1.43bn perpetual non-call five — widened in secondary trading. The pullback followed the deal emerging even further inside 6% than its landmark predecessor.

Virgin Media, the UK cable TV, mobile and fixed line telephone and internet group, has announced its first bond issue since the financing for its takeover by US cable investment group Liberty Global in February 2013. The deal is set to be the largest sterling high yield issue of 2014 so far.

CNH Industrial has sold its first bond since the merger of Fiat Industrial and CNH Global, raising €1bn and attracting a €3.5bn book from over 280 accounts before reconciliation.

Ceva Logistics, the Dutch freight business owned by Apollo Management, wants to refinance its debt with new bonds and loans.

Private placement investors eager for a yield pick-up are hunting deals from African Bank and similar names, according to medium term note bankers. Interest has increased in recent weeks despite emerging market volatility.

Bank of Ireland returned to the covered bond market on Tuesday to issue its fifth deal since November 2012, when it returned after the Irish sovereign debt crisis. The transaction was well oversubscribed with plenty of orders, but less spectacularly so than on previous issues.

Double-A borrowers dominated FIG issuance in Swiss francs this week, with a bevy of well respected names making welcome returns to the currency. Royal Bank of Canada, Rabobank and Nordea were all able to surpass their minimum targets with deals in the belly of the curve.

Matomy, a digital marketing firm based in Israel, launched a London IPO on Monday, giving encouragement to the UK's aim to bring more technology listings to the country.

The additional tier one debt market got its first taste of investor pullback as KBC Group’s €1.43bn perpetual non-call five year transaction traded wider than it where it was priced on Thursday morning.