Banks

An A$500m ($355m) Kangaroo bond from the Export-Import Bank of Korea on Tuesday reaffirmed Australian dollar investors’ appetite for high quality credits from South Korea, amid a fall in global issuance volume in the currency this year.

Beijing Huatu Hongyang Education & Culture Corp has revived its Hong Kong IPO plans, refiling a draft prospectus with updated financial information.

BNP Paribas has shaken up the structure of its corporate and institutional bank, disbanding its long-standing corporate finance unit and making a string of senior appointments.

State Bank of India is planning to tap the equity and bond markets for Rp250bn ($3.4bn) in funds during the financial year ending March 31, 2019.

Dutch airport owner and operator Royal Schiphol Group launched a green bond this week to fund clean buildings and transportation, after announcing the trade two weeks ago.

Summit Partners has launched the first selldown of shares in Avast, the Czech cyber security company, since its £602m IPO on the London Stock Exchange in May.

Mizuho has hired an equity-linked banker from Deutsche Bank for its equity capital markets business in London.

The Green Climate Fund’s 21st board meeting, which ended on Saturday in Bahrain, proved far more fruitful than the last one, which produced four days of painful gridlock and failed to agree any new projects. This time, the UN body approved 19 projects totalling $1.04bn.

The European Investment Bank mandated banks on Monday for a five year dollar benchmark, following a string of short dated floaters in the currency by supranational and agency issuers last week

Distribuidora Internacional de Alimentación, a recently downgraded Spanish discount food retailer that issued a profits warning last week, saw its outstanding bonds fall further in the secondary market despite providing a glimmer of good news.

Tritax EuroBox has signed a €200m revolving credit facility, its first outing in the debt markets after the continental European arm of the UK’s large logistics warehouse investor was launched over the summer.

Europe-focused Lundin Mining has amended and extended its dollar revolving credit facility, with the Canadian base metals mining company slashing its borrowing costs and stretching out the maturity of its bank debt.