Banks

Tesla has raised the equivalent of $521m from the loan market, helping fund its Shanghai factory.

Spain's BBVA is targeting Asian liquidity as part of its global syndication for a $100m borrowing.

Jonathan Moulds, a banking veteran who worked in board-level jobs at Barclays and Merrill Lynch International, is to become chair of Litigation Capital Management.

Peking University Founder Group Co priced a $200m bond tap on Friday, getting ahead of a disappointing non-farm payroll report..

Citi's head of capital market origination in Asia Pacific is taking over the bank's Indian operation.

SNCF Réseau took advantage of a move in swap spreads and a favourable euro/dollar basis swap to sell its third dollar benchmark on Friday, ahead of what SSA bankers say will be a busy week of supply in the currency. Nordic agencies are among the issuers expected to be come to the dollar market next week.

Rating: Aa3/AA-/AA-

Telefónica, the Spanish telecoms group with €55bn of debt, came to the euro market on Tuesday to refinance two of its hybrid capital bonds. It launched a tender offer for the pair, which now total €1.3bn, and a hybrid new issue to replace them, tacking on opportunistically a 10 year senior bond issue.

Achmea, the Dutch insurance holding company, has signed a €1bn sustainability-linked refinancing loan, in what one bank said was the first deal of its kind in the country's insurance sector.

Solar glass manufacturer Xinyi Solar Holdings has raised HK$1.32bn ($168m) after selling a block of new shares in a top-up placement.

Indonesia's Mitra Pinasthika Mustika Finance has returned to the international loan market, seeking a dual-currency $200m borrowing.

The Democratic Socialist Republic of Sri Lanka sealed a $2.4bn bond after shaking off investor concerns about the country’s political turmoil and ratings downgrades.