Banks

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.

Aedifica, the Belgian real estate investment trust focused on healthcare properties, is financing its forward pipeline of investment opportunities with a €300m sale of new shares.

Piraeus Bank has become the first Greek issuer of additional tier one (AT1) capital, finding enough demand this week to launch a CCC rated deal with a coupon below 9%.

Raiffeisen Bank International launched its first green tier two on Wednesday, landing at a spread that was 10bp inside fair value for an unlabelled deal.

Sipartech, the French fibre optic infrastructure company, has signed a €180m syndicated loan that will pave the way for the company to invest “massively” over the next three years.

Kaisa Group Holdings battled a volatile market for Chinese high yield issuers on Tuesday when it kicked off a $280m tap, as news around banks’ exposure to peer property credits rattled investors.

Vietnamese education company Nguyen Hoang Group is making its offshore loan debut with a $62m deal.