UBS

Pork processor WH Group’s $6bn Hong Kong IPO is likely to come in April, according to a banker close to the trade.

A nearly 10 times subscribed book for ASM Pacific Technology’s HK$2.4bn ($309m) 2019 convertible bond this week showed that investors remain keen to get their hands on equity-linked product in what was the second transaction in two days.

Beijing based iKang Healthcare Group filed for a $150m Nasdaq IPO on Monday as the list of Chinese companies looking to tap the US equities market for funding continues to grow.

Two big-name Chinese SOEs announced offerings in the offshore renminbi market on Thursday.

Obrascón Huarte Lain, the Spanish construction and concessions group, pounced on a super-tight high yield market today to issue a €300m bond, and found demand so strong that it was able to increase it to €400m.

Tommy Sagi, the founder of Playtech, raised £326m on Tuesday night as he began to sell his stake in the UK-based online gaming firm. The deal priced at a wide discount, as investors were split over whether Sagi's exit would help or hinder the firm.

Investors have put in nearly €45bn of orders across three new additional tier one deals, in a week that has seen numerous records in the asset class broken. The activity was variously described by bankers as a “bonanza” with “no end in sight” for demand, causing both excitement and a tinge of bewilderment among market pros.

Bank of America Merrill Lynch’s James Fleming has stepped down from his role as co-head of Asia Pacific global capital markets to take up a new post running equity capital markets in the UK.

A nearly ten times subscribed book for ASM Pacific Technology’s HK$2.4bn ($309m) 2019 convertible bond showed that investors remain keen to get their hands on equity-linked product in what is the second transaction in the span of two days.

The private equity owners of Netherlands-based Brit Insurance launched a £250m IPO on Tuesday, hoping that the firm can break free of investor concerns around the sector.

UBS has begun marketing capped outperformance certificates, also known as speeders, on the Eurostoxx Banks index. The issuance comes as the index continues to see upside call option flow as investors look to take advantage of the outperformance of eurozone banks.

Nationwide Building Society opened the frontier for sterling denominated additional tier one debt, with demand indicating the currency could provide as natural a home for AT1 as euros or dollars.