Banks

Royal Schiphol, the Dutch airport, sold €1bn of debt on Thursday, as highly rated names continue to find solid support in the European corporate bond market.

The relentless flow of special purpose acquisition companies coming to the market is causing unease among investors about market saturation, with $140bn raised so far this year. Only the highest quality sponsors are likely to succeed in bringing new Spacs to IPO from now on, writes Aidan Gregory.

New Zealand could become the first country to make climate reporting obligatory for financial firms, after lawmakers passed an amendment on Thursday requiring them to disclose climate change risks.

Italian asset manager Anima Holding sold €300m of senior debt against a quiet backdrop this week, having decided to target the popular seven year tenor.

Canal+ Polska, the Polish satellite TV network, has rebooted its IPO on the Warsaw Stock Exchange, after the deal was pulled in November last year due to a lack of demand.

Total Produce, the Irish fresh produce company, has signed $1.44bn of loans to finance its transatlantic merger with US fruit and vegetable producer Dole Food Company.

Alan Roch, Standard Chartered's head of bond syndication for Asia, has resigned after about three years at the bank.

South Korea's Shinhan Bank became the latest Asian bank to sell a sustainability bond this month. It raised $500m from its transaction, but felt some pressure from the risk-off sentiment in the region’s credit market.

Guotai Junan Securities Co faced a choppy market backdrop to price a $500m bond on Wednesday, becoming one of only a handful of Chinese issuers to head offshore this week.

Malaysia’s IPO market is set to pick up, with at least two chunky listings in the works, raising optimism among bankers for busy second and third quarters.

BIMB Holdings, a Malaysian financial holding company, has raised MR795.6m ($192.4m) from a primary placement of shares, part of a group-wide restructuring that is expected to be completed by August.

Singapore’s agribusiness company Wilmar International has returned to the loan market for a borrowing of up to $1bn.