Banks
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LimakPort, the Turkish international port, entered the debt market on Tuesday, while Turk Eximbank has successfully secured a dollar syndicated loan facility. Turkish issuers are demonstrating resilience, market participants say, amid the heightened levels of domestic and political volatility in the last three months.
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Macquarie is set to extend its euro curve this week, after mandating banks for its third sale of group level debt in the currency in the last 18 months.
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Barclays is set to end a two year absence from the Kangaroo bond market this week, as it seeks up to three tranches of callable senior debt.
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Credit Suisse Group targeted the dollar market this week for its first public bond offering since the collapse of US hedge fund Archegos. It ended up paying a relatively small new issue premium for its large $3.25bn transaction.
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Austrin electricity and gas company Energie Burgenland has launched a Schuldschein deal weeks after another Austrian utility wrapped up a transaction in the same market.
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US hedge fund Schonfeld Strategic Advisors has hired a former Credit Suisse and Bank of America equity syndicate banker to run its European equity capital markets desk.
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GLP, a Singapore-based logistics company, joined the flurry of green bonds hitting the market on Monday, with a subordinated perpetual note.
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Four Chinese property companies rushed into the dollar bond market on Monday, following weeks of limited to no supply from the sector.
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Piramal Glass has closed its $355m leveraged buyout loan, receiving strong response from 14 participants.
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Cathay Pacific Airways has sold its first dollar bond in more than 20 years, battling suppressed business over the last two years to raise $650m from the long-overdue deal.
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Korea Expressway Corp sold its first sustainability dollar bond on Monday, raising $500m as its scarcity value appealed to investors.
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JSW Hydro Energy, a subsidiary of Indian power company JSW Energy, sold its first international bond this week, taking $707m from the green transaction.