Banks

Daimler will issue its first green bond soon, becoming one of only a very few issuers in the automotive sector. It will hold intensive discussions with 40 or 50 investors on Monday and Tuesday and the deal may follow, sooner or later after that.

The owners of SoftwareOne, the Swiss software company that went public in October last year, have taken advantage of the rally of the share price in recent weeks to sell Sfr382.5m of stock, via an accelerated bookbuild.

Investors appeared to be more sensitive of price movements in new issues of covered bonds this week, with valuations in the asset class having returned to within touching distance of their January levels.

Steven van Rijswijk has been appointed the new chief executive of ING, after Ralph Hamers decided to join UBS. Van Rijswijk has worked his way up at ING, having worked in a number of roles in the investment bank.

Bank of China (BOC) raised $1bn from a dual tranche transaction at a negative premium on Thursday, after strong demand from its large syndicate group.

Hygeia Healthcare Holdings is on track to price its Hong Kong IPO at the top of the marketed range, according to a source close to the deal.

Philippine fast food operator Jollibee Foods Corp made a quick return to the dollar market on Thursday, attracting investors to its dual-tranche bond despite the impact the coronavirus has had on its business.

Lenders to Wirecard, the embattled German payments company, will have to decide whether to call in its €1.75bn syndicated loan, after its auditor EY refused to sign off its 2019 accounts, which the company announced on Thursday, sending its share price into a spiral. Markus Braun, the company's CEO, resigned on Friday.

China Oilfield Services (COSL) sold its first dollar bond in five years on Thursday, nabbing $800m from a dual-tranche deal.

Kenneth Lee, a veteran in Asia’s bond market, has left Natixis to take a new job at Mizuho.

Taiyuan Longcheng Development Investment Group Co, a local government financing vehicle (LGFV), has raised $300m from a three year bond.

Haitong International Securities Group took advantage of a wide open market this week, raising $400m from a three year bond that priced inside fair value after heavy demand from the leads.