Bank of America

361° International raised Rmb1.5bn ($243m) from a 2017 dim sum on September 4 with a debut offering that was well backed by investors thanks to the diversification opportunity the credit offered.

China’s CGN Power, the country’s largest nuclear power producer in terms of total installed capacity, has filed for an IPO on the Hong Kong Stock Exchange in a deal that could raise the company as much as $2bn.

The US bank has launched a new regional product called CashPro Any2any in the island. The software tool lets companies process files in any format, making it easier for them to execute payments.

Wednesday would have been the busiest day for European corporate bond issuance since the August break, even without Sanofi’s €3bn stormer.

Bookrunners on Korea Development Bank (KDB)’s most recent bond have been scathing about the borrower’s approach to pricing and deal execution. And the complaints look to have a strong basis with the trade selling off aggressively in secondary market trading.

UniCredit looks set to confirm that a sea change is afoot in the additional tier one (AT1) market, as it prepares to print its first euro denominated deal in the format in line with initial price thoughts and with what is likely to be a book smaller than €2bn.

Bank of America and Citi both took to the euro market on Wednesday with self-led trades, looking to price seven and 12 year notes respectively. More US issuers are likely to look at selling euro debt in the coming weeks, drawn by access to longer dated funding and attractive pricing compared to dollars.

Korea Hydro & Nuclear Power (KHNP) has mandated five banks to arrange a series of fixed income meetings that is scheduled to kick off from September 8.

Whether it is because investors have full faith in the eurozone periphery recovery story, are desperate for yield or a bit of both, there was little doubt this week that sovereigns in the region will be able to extend their average maturities in the coming months.

Fixed income investors were more than happy to see the return of Bank of Tokyo-Mitsubishi UFJ on September 2, tabling more than $14bn of orders for the $4.5bn five tranche offering. The blowout transaction was the second of the year for BTMU, replicating a structure that worked out well for it six months ago.

British cigarette maker Imperial Tobacco has secured financing for its $7.1bn acquisition of brands from Reynolds American, and refinanced its existing revolving credit facilities.

The Bank of Tokyo-Mitsubishi UFJ (BTMU) is back in the market with its second mammoth multi-tranche offering of the year.