Australia

Credit Suisse has made two senior appointments to its Japan’s investment banking and capital markets division, poaching from Deutsche Securities.

The Treasury Corporation of Victoria on Tuesday became the first ever semi-governmental institution to issue a green bond in Australia.

Commonwealth Bank of Australia issued a €1.25bn 10 year on Wednesday, attracting the highest level of oversubscription for any Australian issuer in euros in more than three years.

Dominik Rohe has been promoted to the role of country head for BlackRock Australia, starting his new position in Sydney on Monday.

Hospitality business Genting Hong Kong, which operates cruise liners, has signed a $500m borrowing to refinance debt taken for funding six vessels.

Credit Suisse has made three senior hires in its China investment banking and capital markets (IBCM) team, in the latest expansion of its onshore presence.

MUFG Securities Asia has poached a former Westpac executive to head its asset-backed securities unit for Australia and New Zealand as the Japanese brokerage extends its international reach.

The Treasury Corp of Victoria has mandated National Australia Bank to lead an Australian dollar green bond.

Biostime International Holdings’ refinancing of a $450m bridge loan has been oversubscribed in syndication.

Bank of America Merrill Lynch has created a new debt solutions unit in Asia Pacific and has named two bankers to run it.

Volatility and changing demand have forced issuers to change their style of issuance in the Kangaroo market, printing smaller deals to demand rather than benchmarks. But the market has not stopped providing valuable opportunities for duration and arbitrage. By Lewis McLellan.

QBE Insurance was nearly eight times overs subscribed for a new tier two bond on Wednesday, as the Australian firm shrugged off recent volatility to build towards its regulatory capital requirements.