Banks

Goldman Sachs was left long of stock in Bureau Veritas, the certification agency, after a €400m block trade on behalf of Wendel on Monday night.

KfW received a final book of over €12bn for a five year euro benchmark on Tuesday, while the City of Hamburg closed out its funding for the year with its longest outstanding bond. Finnvera will add to the euro SSA supply this week, after mandating banks for a short 10 year that is likely to be its final syndication of the year.

Sumitomo Mitsui Banking Corporation has set a strong precedent for Japan’s nascent covered bond market by attracting a comfortably oversubscribed, diverse, high quality order book for its first deal, the first from Japan.

Nothing is scarier than the idea that your risk management is special. Deutsche should look again at its leveraged finance business.

Steven Nichols, who handled Southern Company’s groundbreaking entry into the green bond market in 2015 as capital markets manager, has joined BNP Paribas’s sustainable finance team in New York.

Tottenham Hotspur is planning to be the latest football club to sell corporate bonds after its new stadium’s construction delays and cost have again increased.

The Islamic Development Bank is out with initial price guidance for its debut euro benchmark sukuk — a €500m five year.

China's Guodong Network Communications is seeking a debut loan of up to €150m ($170m) in syndication.

Oceanwide Holdings Co, a Chinese conglomerate but primarily a homebuilder, bagged a $215m bond on Monday, but not all the firms on the original syndicate team remained on the deal in the end.

Shinhan Bank used its position as the first dollar borrower in the market on Monday to lock up $500m, paying just a low single-digit new issue premium despite global volatility.

Kernel, the Ukrainian powerhouse producer of sunflower oil and agricultural products, has boosted and extended its $200m pre-export revolving credit facility.

The leveraged finance new issue pipeline has slowed down in Europe. Market participants pointed to weak macroeconomic data, but also the recent alarms about weak covenants.