Banks

Fraport, which operates Frankfurt airport and has stakes in several other airports, has entered the Schuldschein market for a second time this year, with an initial target of €200m.

The World Bank placed its first Hong Kong dollar deal of its 2019/2020 funding year last week. The supranational chose to link the private placement to the Hibor benchmark, a now little seen structure that was likely the result of a "very specific enquiry", according to one MTN banker away from the deal.

Bank of Jinzhou got a much-needed liquidity boost after China Great Wall Asset Management, China Cinda Asset Management and ICBC Financial Asset Investment acquired more than 17.3% of its shares.

Chinese media company Wanda Sports Group has raised just $190.4m after pricing its Nasdaq listing below the marketed range, despite having already revised down the initial guidance and size of the IPO.

Industrial & Commercial Bank of China’s London-based head of global loan syndication will be moving to the Asian Infrastructure Investment Bank in Beijing.

Temasek Holdings-backed Fullerton India Credit Company has invited banks to join a $250m debut borrowing.

Compañía General de Combustibles (CGC), the Argentine oil and gas exploration and production company, will receive a rating upgrade from Standard & Poor’s if it is able to refinance a $300m 2021 note with a new bond.

Investors poured orders into the only new issue on Friday, despite a softer backdrop in the corporate bond market. Repsol, a Spanish energy company, was more than six times subscribed for its €750m eight year note.

Richard Taylor is stepping down from his role at Barclays, after an eight year stint at its investment bank.

Banco Santander felt vindicated in cancelling Andrea Orcel’s appointment as group chief executive when it later found out that he had been recording conversations without permission, the Spanish bank said in a statement on Friday.

Shanghai-based and Hong Kong-listed chipmaker Semiconductor Manufacturing International Corp has sold a Rmb2bn ($291m) 270-day red Panda.

Chinese provincial government-owned Shandong Hi-Speed Group Co has pushed out its maturity profile with a $1.4bn dual-tranche transaction. It priced the senior perpetual tranche at the same level as some of its bigger state-owned peers, thanks to a six times covered order book.