BNP Paribas
-
BNP Paribas managing director Ravina Advani has been appointed head of energy, natural resources and renewables in the firm's coverage division.
-
UK-listed Ophir Energy has amended and extended its reserves-based lending facility, as a surge of end of year deals continue to work their way through the market. -
Banks are close to registering the quietest quarter in a half a decade for sales of subordinated bonds in euros, after a gruelling period for trading in the secondary market.
-
Xinyi Energy Group is looking to make its debut on the Hong Kong Stock Exchange at the end of next week, as it seeks up to HK$4.5bn ($582.3m) from its IPO.
-
Mainland firm China East Education Holdings is seeking the greenlight to launch an IPO in Hong Kong.
-
German business software company SAP used its rarity value when it printed a €1.5bn triple tranche deal in March. However, that strategy may no longer be possible, after it sold the largest ever corporate bond priced in December to help fund its recently announced €8bn cash acquisition of experience management software provider Qualtrics.
-
After its successful debut in the Chinese ABS market, Genius Auto Finance, the joint venture between Geely Automobile Holdings and BNP Paribas Personal Finance, scored an equally popular follow-up deal at an even tighter price.
-
Policy lender China Development Bank printed a dual-currency, three-tranche transaction on Tuesday, raising $2.4bn-equivalent. While it paid just a couple of basis points of new issue premium for the dollar bonds amid a short-lived market rally, demand for the euro portion exceeded expectations.
-
Utility Thames Water has a signed a £1.4bn sustainability-linked revolving credit facility that its coordinators say is the first to be linked to an asset-specific Infrastructure GRESB rating.
-
Doosan Bobcat’s largest shareholder has bagged W141.9bn ($126.5m) after trimming its stake in the South Korean heavy equipment maker.
-
US medical technology company Stryker had to wait longer than it planned for its debut in the European corporate bond market, but when the chance to launch the deal came on Tuesday, it achieved the hat-trick of tranches it was aiming for with an extra one added for good measure.
