UBS

Philippine real estate company Filinvest Development Corp raised $200m from a five year bond on Thursday.

Chinese property developer Xinyuan Real Estate Co, whose outstanding bonds have suffered because of the Covid pandemic, opted for size over price for its $300m return this week.

Nestlé made the tech stock sell-off look irrelevant as it raced into the US corporate bond market as soon as it opened this week, raising $4bn and scoring the lowest coupons on record for a 144A issuer at those maturities on each of its four tranches.

Swisscom raised Sfr100m ($110m) on Thursday with an 11 year bond sold without the involvement of an intermediary bank. The company worked with Swiss fintech company Valyo to issue the bond through its platform that directly connects issuers and investors.

Yorkshire Building Society was more than three times subscribed for a new euro senior deal on Thursday, despite worsening EU-UK relations in the run-up to the Brexit date.

Chindata Group Holdings, iHuman and Yalla Group filed IPO paperwork with the US regulator on Tuesday as they prepare to float on New York stock exchanges.

Hong Kong property developer CK Asset Holdings priced its $300m bond at a record tight level for a fixed-for-life deal on Thursday.

Yum China, the Mainland-based fast food franchise operator, was eyeing at least HK$17.3bn ($2.2bn) in fresh equity on Friday after giving investors some price guidance for its secondary listing in Hong Kong.

Hong Kong-based conglomerate First Pacific Co had to navigate underperforming bonds from peers and difficulties around price discovery for its $350m bond return.

Chocoladefabriken Lindt & Sprüngli sold the week’s tastiest Swiss franc deal when it returned to the market on Tuesday to refinance an upcoming Sfr500m ($549.8m) redemption.

Fast food franchise operator Yum China Holdings is cooking a multi-billion-dollar secondary offering in Hong Kong. It is the latest deal in a growing trend that bankers expect will bring more US-listed Chinese companies to the exchange by the the end of 2020, writes Jonathan Breen.

Chinese property developers China South City Holdings and Kaisa Group Holdings offered generous premiums for their bond outings this week in a bid to ensure strong aftermarket performance.