Barclays
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Mexican microfinance company Financiera Independencia (Findep) cut its borrowing costs with a $200m five year bond to buy back old debt, overcoming the fact that the deal’s small size put off some investors.
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Vakifbank is roadshowing the first ever euro issue from a Turkish bank via Barclays, BNP Paribas, Commerzbank, Erste Group, Natixis and UniCredit.
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Austria took advantage of a clear week of issuance to bring an unusual dual tranche issue that included a six year floating rate note. Strong demand for the 10-year should encourage issuers looking at printing euro benchmarks in the coming weeks.
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Huntsman International, a chemicals manufacturer listed in New York, is set to sell a €100m tap of its 5.125% senior notes due 2021.
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Alstom Auxiliary Components has set tranche sizes for a €430m-equivalent loan, which will finance its purchase from Alstom by private equity fund Triton.
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Wells Fargo gathered strong interest for a 10 year euro benchmark on Wednesday, investors were attracted to the deal by a healthy outright yield. Santander Consumer Bank decided to hit the other end of the curve, selling two year debt.
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Turkish Halkbank has released price guidance for a five year senior unsecured bond that equates to a new issue premium of 5bp-10bp, according to a lead manager on the deal.
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Barclays will see two more of its Asia executives depart following a string of resignations from its senior ranks during recent weeks.
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Spanish lender Bankinter is set to continue a run of successful trades from the eurozone’s periphery on Tuesday afternoon, surprising market sources with the scale of demand for five year paper at what some see as a punchy price.
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Georgian TBC Bank is set to be valued at up to $765m as it starts bookbuilding on the country's second ever IPO on Monday, after an investor education period spent calming investors' worries about the region.
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British lender Barclays has promoted Neel Shahani and Myung Seop Kho to be the head of equities for India and Korea, respectively.
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Danish savings bank Nykredit will sell tier two debt on Friday afternoon, receiving strong demand for a Coco print.