Bank of America

Cosmetics packager HCP Global is targetting a US syndication for a $380m financing, banking on a strong reception from a market that is happy to invest into cov-lite deals. The facility is split into three facilities and has three banks at the top level.

Even as geopolitics caused volatility, and many in the European FIG market took their summer holidays, Virgin Money Holdings took the opportunity to sell a £160m perpetual non-call five year additional tier one deal, bringing in an oversubscribed book and highlighting that issuers can still tap the market at attractive levels.

Internal moves into Deutsche's SSA syndicate — Barclays hires BAML levfin banker — All change at JP Morgan ECM — StanChart makes switch to replace Nelson

Two Latin American borrowers will test new issue conditions next week in a bond market that DCM officials said is showing signs of “correcting itself” after a prolonged rally.

ICBC priced the first syndicated offshore renminbi bond to be issued by its Sydney branch on July 29. The 1.5 year and three year dual trancher, which the issuer wants to list, will be listed on the Australian Securities Exchange (ASX), marks an important first step for ICBC Sydney as Australia’s status as an offshore RMB hub grows.

China’s Rundong Automobile Group opened books for a HK$1.1bn ($138m) Hong Kong IPO on Thursday, in a deal that is being offered at a big discount to some of the issuer's closest comparables.

John Wade, who left Royal Bank of Scotland in February this year just before the bank announced a restructuring, has resurfaced at Natixis as head of syndicate and MTN desk for Asia Pacific.

Tata Steel closed its first international bond on Thursday, July 24, as it looks to refinance loans from its 2008 acquisition of Corus. Despite pricing on a day when the Indian high yield sector saw $2.4bn of new issues, the trade nonetheless pulled in bids worth $9.1bn.

Play, the Polish wireless telecoms firm, is looking to raise €415m through a payment-in-kind toggle bond.

ICBC priced the first syndicated offshore renminbi bond to be issued by its Sydney branch on Tuesday. The 1.5 year and three year dual trancher, which will be listed on the Australian Securities Exchange (ASX), marks an important first step for ICBC Sydney as Australia’s status as an offshore RMB hub grows.

Colombian infrastructure development bank Findeter (Financiera de Desarrollo Territorial) will begin a roadshow on Thursday more than 18 months after it told GlobalCapital it was planning its debut international bond issue.

Conan Tam, a managing director in UBS’s DCM syndicate desk, has been snapped up by Bank of America Merrill Lynch to take up the newly created role of head of greater China debt capital markets.