BNP Paribas

The first official list shows that investors have been keen to gain access to the China interbank bond market (CIBM). This is only the start with banks reporting strong demand from asset managers, while regulators are working hard to facilitate further inflows.

BNP Paribas has taken advantage of strong market conditions to open books for a dollar additional tier one.

Nine banks have banded together to arrange a $750m dual tranche facility for Bank Negara Indonesia (BNI).

Business travel group Carlson is running a roadshow for what could be the European high yield market's last deal of the year as it aims to refinance its debt with a three tranche bond.

After completing a roadshow last week, US orthopaedic reconstructive products producer Zimmer Biomet made its debut in the euro bond market on Tuesday with a dual tranche transaction.

French health care group Elsan, owned by private equity firm CVC, on Tuesday announced price guidance on its €730m loan for the buyout of MédiPôle Partenaires.

Asia ex-Japan debt capital markets had a quiet opening on Monday, with a sole Chinese local government financing vehicle (LGFV) out for dollar funding. On the same day, another two LGFVs announced mandates.

Catalent Pharma and Thomas Cook — a reverse Yankee issuer and a UK holidays operator — on Thursday released guidance for high yield deals amounting some €900m in a market that has been mute since November 15.

Low-cost airline VietJet Aviation has kicked off the roadshow for its IPO, in search of demand for a deal that could raise up to D4.4tr ($194.0m).

Issuance in the European leveraged finance market has been one-sided since the shock result of the US election last month. A notable bond-to-loan trend has prevailed, with sponsor-driven single-B issuance making the loan market increasingly hot, while leaving the high yield market out in the cold. Max Bower reports.

Chinese companies have aggressively expanded into Europe this year, snapping up businesses and expanding their footprint. While loans are still the go-to funding tool and often get the bulk of the refinancing, as this week’s China National Chemical Corp transaction shows, the bridge-to bond route is becoming more popular. Morgan Davis and Addison Gong report.

South Korea's Shinhan Bank raised $500m on Wednesday, to match its March tier two dollar deal in size, but was forced to pay up to make it happen.