Banks

Agricultural Bank of China sold a multi-currency deal through its Hong Kong branch this week, raising $1.322bn.

The Instituto de Crédito Oficial, Spain’s promotional bank, is holding a series of investor meetings to promote a new green bond.

South Korea's KEB Hana Bank found a stronger response than expected for its sustainability bond this week, allowing it to raise $600m.

A trio of foreign banks tapped an attractive Swiss market this week, finding opportunities to top up their well-advanced funding programmes with a bit of pricing arbitrage.

WH Group has turned to banks for about $1.25bn to fund a share buy-back, as the world’s largest pork company takes advantage of attractive market conditions to raise a new loan. Unlike its acquisition fundraising eight years ago, which received plenty of criticism and pushback from lenders, the market’s response this time around is different — despite some initial confusion, writes Pan Yue.

Nomura has ambitious plans to boost its advisory and capital markets businesses as part of a full-throated commitment to international investment banking, writes David Rothnie.

Hong Kong department store chain Lifestyle International Holdings returned to the debt market this week after a two-year break to raise $350m.

Deutsche Bank has promoted two bankers from within to lead its Americas equity capital markets business.

Having visited the euro market last week, Nestlé has bounced quickly into sterling, finding solid demand for a £1bn dual tranche trade on Wednesday.

Greece and NRW.Bank added to the week’s primary euro public sector supply on Wednesday ahead of a closely watched European Central Bank governing council meeting on Thursday.

Europe’s high grade corporate issuers piled into the bond market during the run-up to this week’s European Central Bank meeting, with Vonovia and JDE Peet’s bringing standout jumbo trades.

Natixis had not expected Brexit to happen, but after the vote, it pushed ahead anyway with plans to relocate staff to London. After four years and one strategic review, the French bank is now in the midst of moving staff back to mainland Europe.