Barclays

A survey of 2,350 bankers has found that NatWest Markets, HSBC and Barclays had the largest proportion of bankers saying they were happy with their 2018 bonuses, while Société Générale, Citi and BNP Paribas had the lowest proportion.

Japan Bank for International Cooperation (JBIC) raised $3.5bn from a triple-tranche bond deal in its first outing in the dollar market since November.

The European Investment Bank is set to bring the first five year dollar benchmark from an SSA in nearly three weeks — and only the third since the first quarter — after mandating banks on Monday. The issuer will be joined by a triple tranche trade from the Japan Bank for International Cooperation.

A slew of deals hit screens in sterling this week, allowing SSA borrowers from three continents to pick up a combined £1.175bn ($1.55bn) in funding — including one borrower’s largest-ever deal in the currency.

A pair of seasoned green bond issuers brought deals in the format this week — but each opted to print in a currency in which it had not sold green bonds before.

German healthcare company Fresenius this week opted to issue a €500m no-grow seven year trade following a roadshow, a choice which rewarded it with an order book that was more than five times subscribed.

Barclays has returned to the Swiss franc bond market after an eight year absence.

Retailer J Sainsbury and metals tycoon Anil Agarwal kept sterling denominated M&A running at full pace this week, after a quarter with the biggest volume of loans in the currency in five years.

UK retailer J Sainsbury’s has signed a £3.5bn loan package to back its acquisition of Walmart-owned Asda, with the company raising more debt than the cash component of the deal despite analysts raising concerns about the borrower’s recent debt levels.

Two corporate bond issuers from opposite ends of the ratings spectrum found similar success with new bonds on Wednesday. The seven and eight year tenors found favour with investors looking to put new cash inflows to work.

A pair of supranational issuers are this week bringing new currencies to their green funding offerings.

The UK’s International Public Partnerships has amended and extended its £400m bank facility, keeping the sterling loan market going at full pace after it recorded its busiest quarter in five years at the end of June.