Banks

The pricing achieved by Doosan Power Systems on its $300m capital bond is being viewed by some as “against all fundamental logic”, given the strong market technicals for high quality and shorter-dated South Korean paper.

Industrial and Commercial Bank of China’s London branch priced its dual-tranche floating rate notes (FRNs) at the expected levels on Thursday, but issuers in the pipeline may have a hard time to pull off the same feat.

Société Générale (SocGen) has made two senior management changes in China, expanding its business ambitions in the region.

Niu Technologies, China's leading maker of electric scooters, dragged its Nasdaq IPO over the line on Thursday after cutting the number of shares on offer and pricing almost 30% below the original marketing range.

JP Morgan has risen to the top of Dealogic’s euro denominated SSA (excluding US agencies) bookrunner league table to keep it within touching distance of taking the reins from HSBC at the end of the year.

CaixaBank and Commerzbank proved popular in the euro market this week, after timing their latest non-preferred senior debt sales to perfection.

The Republic of Tunisia hit screens on Thursday, announcing a roadshow to promote a euro benchmark — the nation’s first since February 2017.

A three times subscribed deal by KfW this week showed that there is plenty of green demand for issuers looking to print in the format in the remainder of the year, as a fellow German agency moved forward with plans to bring a trade.

SIFCA, Ivory Coast’s leading agricultural producer, signed a loan to finance agro-industrial transformation and renewable energy objectives last week, in a deal which has stimulated a debate as to whether further green financing could occur across West Africa.

Investors were in defensive mode in the dollar market this week as they snapped up short dated trades and floating rate notes, with demand particularly heavy from central banks and official institutions. Bankers are hopeful that benchmark supply will return next week.

The Autonomous Community of Andalusia this week became the first Spanish region to return to the capital markets while still under the central government’s Regional Liquidity Fund.

The Turkish sovereign returned to international markets this week riding a wave of relief and renewed goodwill, following the release of US pastor Andrew Brunson, write Francesca Young and Lewis McLellan.