Banks

Barclays had hired an equity capital markets banker from Goldman Sachs to expand its corporate broking team.

The first two major IPOs of the autumn, Funding Circle and SIG Combibloc, have both stayed above water in trading.

Société Générale and Abanca both offered investors additional tier one notes this week. For the French bank, it was the second deal of the week.

The Independent State of Papua New Guinea made its much anticipated debut in the international debt market on Thursday, selling a $500m bond after years of flirting with investors.

Metropolis Healthcare has filed a draft red herring prospectus for an IPO with the Indian markets regulator, more than two years after it first hired banks for the deal.

China Life Insurance Co is planning a return to the offshore bond market for capital after a drop in its core solvency ratio, while Industrial and Commercial Bank of China is seeking shareholders’ blessing for a Basel III additional tier one (AT1) deal.

China’s Dafa Properties Group has hit the road for its Hong Kong IPO, looking to pocket up to HK$996m ($127.3m).

Indian property lender Aavas Financiers wrapped up a three-day offer period for its Rp17.34bn ($239.2m) IPO on Thursday with just 97% of the deal covered.

Philippine food and beverage producer and distributor Universal Robina Corp is gauging appetite among banks for a NZ$420m ($278m) loan to refinance an old borrowing used to back the acquisition of New Zealand’s Griffin’s Foods.

The Mexican arm of Spanish lender Santander wrapped up a buyback of subordinated tier two debt on Thursday as DCM bankers said they expected cross-border issuance from the country to remain muted.

DZ Bank has sold its first green bond, getting tight pricing for a preferred senior security that will back the production of energy from onshore wind farms in Germany.

Sulzer sold Sfr460m ($470.6m) of Swiss franc bonds on Thursday, just months after the Swiss maker of industrial machinery raised Sfr400m across two and five years. This makes it the largest triple-B issuer of Swiss franc bonds so far this year.