Banks

Hong Kong’s Konew International Group has debuted in the offshore loans market, raising $150m.

CMT MTN priced a 10 year bullet bond on Wednesday, raising $300m.

Chinese streaming platform iQiyi, which is backed by internet giant Baidu, tapped the equity-linked market this week with a record-breaking deal — the largest American Depository Shares (ADS) convertible bond — and could help boost issuance in the asset class. Jonathan Breen reports.

Real estate developer China Vanke Co has raised HK$7.81bn ($994.3m) from a placement of new shares, its second tap of the Hong Kong market.

Klabin, the Brazilian pulp and paper company, returned to bond markets on Wednesday, taking advantage of a flattening yield curve to issue its first long bond, despite a bad day for Brazilian assets.

Telecoms company Cable & Wireless, which operates mostly in the Caribbean, added $300m to its longest dated bond on Wednesday in a deal that received strong backing from US high yield buyers.

Total, the French oil company, issued a €1.5bn hybrid capital bond on Wednesday, at the same time as launching a tender offer to buy back some of its €2.5bn call February 2021 and €1.75bn call May 2022 hybrids.

David Sismey has decided to quit his senior financial institutions role at Goldman Sachs in order to pursue a career in British politics.

Italy has issued a yen bond for the first time since 2009. The deal, led by Nomura, is also its first issue in a foreign currency since 2010.

Tim Throsby, CEO of Barclays International and Barclays Bank, has quit the company, as it reorganises its corporate and investment bank.

A head of syndicate for SSA, MTNs, and short term markets has left his employer of 15 years to enrol in a fintech course at Oxford University.

Evraz raised $700m with a five year bond on Wednesday as it returned to the fixed income market for the first time in two years. The company used the proceeds to finance a tender offer of its April 2020s.