Bank of America

Neil Kell is re-joining Bank of America Merrill Lynch in the newly created role of chairman of international equity capital markets, after recently resigning from Deutsche Bank.

Hong Kong Telecommunications (HKT) wrapped up a stylish return to the dollar bond market on March 30, helped by a large order from a single investor. The high overall demand for a rare Asian telco allowed the new trade to come inside the borrower’s existing dollar curve.

Henderson Land Development has sealed an HK$18bn ($2.32bn) borrowing, its largest ever syndicated loan, with a group of 22 banks.

Shawbrook, the UK challenger bank, has narrowed the price range toward the top of the initial range, ahead of the IPO book’s closing tomorrow.

Morgan Stanley has appointed Piers Harris head of European corporate fixed income capital markets, following the departure of Marcus Hiseman to join Bank of America Merrill Lynch.

Alex Von Sponeck, head of CEEMEA debt financing origination at Bank of America Merrill Lynch, is leaving the firm imminently.

John Cavanagh, head of DCM product solutions and liability management in EMEA for Bank of America Merrill Lynch, has left the firm.

Hong Kong Telecommunications (HKT) is making its first syndicated bond foray in two years after opening books to a 10 year trade on Monday.

Standard Chartered has successfully sold its first AT1 bond though a less investor-friendly structure meant it was forced to pay up compared to a recent deal from rival HSBC. But investors were undeterred as the bond managed to attract a $22bn order book – the largest ever for a single tranche AT1 bond, say bankers.

German online directories and listings company Scout24 set out price guidance on a €400m add-on loan on Tuesday, pushing leverage up after a stellar year’s performance.

HSBC's additional tier one bond, sold this week, included a feature that helps insulate issuers from secondary market volatility, and which bankers say is destined to become broadly used in the asset class, writes Graham Bippart.

KfW equalled its largest ever size for a five year dollar benchmark on Thursday, in its first visit to the belly of the curve in over a year.