Banks

ING, which served as agent on a Schuldschein for the first time only five years ago, has carved out an impressive niche in the market, arranging nearly every green issue.

The Republic of Kazakhstan and the State of Montenegro have mandated for the first euro bonds from the CEEMEA region since the market re-opened in September.

The European Bank for Reconstruction and Development (EBRD) has mandated banks for its first ever climate resilience bond, a new type of socially responsible product that aims to bring more focus on climate adaptation, rather than mitigation. It follows the recent publication of the Climate Resilience Principles by the Climate Bonds Initiative (CBI).

Armenia is in the market for its first sovereign Eurobond in four years, hitting screens with a 10 year $500m no-grow.

China National Chemical Corp (ChemChina) is seeking lenders’ consent to amend terms of a $5.5bn dual-tranche loan sealed last year, as it undergoes a debt restructuring, according to bankers.

Shanghai Henlius Biotech has settled its Hong Kong SAR listing at the bottom of the price guidance, mopping up HK$3.21bn ($410m) from the first post-earnings season IPO in the city.

Budweiser Brewing Company Apac has revived its Hong Kong IPO two months after a headline-grabbing flop. But a smaller target size, a stamp of approval from a high-profile cornerstone investor and the off-loading of an unattractive chunk of its business all mean that the firm has a better chance of success this time around. Jonathan Breen reports.

Shandong Iron & Steel Group Co has made its annual return to the bond market, grabbing $500m thanks to support from foreign fund managers.

Two DCM bankers in Deutsche Bank’s CEEMEA team have had their roles cut by the bank, including a managing director who joined only last year.

Besides the rare offering of a Chinese issuer on Wednesday, when Jin Jiang International issued a €500m bond, euro corporate bond investors had to make do with two other deals, from Telenor and Mondelez.

Jin Jiang International Holdings issued its second euro bond on Wednesday, and its first without the support of a standby letter of credit. The Chinese conglomerate has euro assets to fund, following its acquisition of Radisson Hotels last year.

The European Investment Bank and Nordic Investment Bank kept the strong momentum going in the SSA euro bond market on Wednesday, capitalising on the European Central Bank’s announcement of fresh stimulus last week and a lack of issuance over the summer. However, Joint Laender's deal was only just oversubscribed, which the leads attributed to investors’ hesitance to buy a negative yielding 10 year bond from a less liquid name.