Barclays

Zhejiang Geely Holding Group is to start gauging investor interest this week for what would be the auto firm’s first green bond.

The UK’s LSL Property Services has extended its existing £100m credit line to May 2020.

Zhejiang Geely Holding Group is set to hit the road for a dollar-denominated green bond that is expected to launch as early this month. The trade will be the third green issue from a Chinese borrower overseas.

Kraft Heinz Foods printed a €1.8bn two tranche note with minimal concessions on Wednesday — a day that produced more than €7bn of primary issuance and proved that investors were hungry for variety in the sectors they buy.

Spain showed that a 50 year euro benchmark is not just the preserve of core eurozone sovereign issuers on Wednesday and had plenty of leftover demand to suggest that Italy could follow with a half century bond of its own.

UK retailer Next on Wednesday issued a £300m bond, benefiting from a receptive period in the sterling corporate bond market, which is expected to wind down in June as the Brexit referendum approaches.

Agence France Locale printed its second ever syndication on Wednesday, building an oversubscribed book for a seven year deal.

Slovenia is planning to tap its euro Reg S €1.25bn 2.125% 2025s and €1.5bn 2.25% 2032s to fund its dollar bond buy-back and has released price guidance for those notes.

Uncertainty regarding the outcome of the US Federal Open Market Committee’s (FOMC) meeting in June drove public sector borrowers to target the short end of the dollar curve this week, said bankers.

Slovenia is planning to tap its euro Reg S 2.125% 2025s and 2.25% 2032s to fund its dollar bond buy-back.

Spain has nipped in ahead of its eurozone periphery peer Italy, mandating banks for a debut 50 year euro benchmark on the same day that the Community of Madrid had a strong showing at the short end and Greek yields rallied across the curve.

A Singapore-based banker who is part of the syndicated finance team at DBS will be moving to a new role next week, according to sources.