BNP Paribas

State Bank of India launched its $500m fundraising into general syndication on Tuesday via eight mandated lead arrangers and bookrunners.

Zodiac Aerospace, the French aeroplane seat maker, has sold a seven year Euro private placement to refinance an older Euro PP and the first instalment of a Schuldschein, both issued in 2013.

BNP Paribas has hired a banker for its loan syndicate team for southeast Asia.

HeidelbergCement issued a benchmark high yield bond on Monday that was increased to €1bn and nearly three times oversubscribed.

Gategroup, the airline food services company, has increased the size of a revolving credit facility after an amendment operation, giving the company greater financial headroom.

Holding Slovenske elektrarne (HSE), the largest power generation firm in Slovenia, has pulled its bond — a sign that European high yield is still cautious, despite increased bond sales in March.

Rici Healthcare Holdings has submitted a preliminary prospectus to the Hong Kong Stock Exchange for a potential $250m IPO slated for the second half of the year.

TCC Group subsidiary Berli Jucker Public Co has signed up nine lenders for a €3.2bn ($3.5bn) portion of a larger loan to support its acquisition of retailer Big C Supercenter.

South Korea’s Shinhan Bank made a strong impression on bank capital investors this week, pricing a 10 year bullet tier two. Some of the credit for the transaction’s success goes to the fundamental strength of the issuer and the investor-friendly structure of the bond, but market participants say Shinhan’s willingness to pay up also deserves kudos.

Less than a week after the European Central Bank announced monetary stimulus measures directly targeting the continent’s corporate bond market, a dramatic rally has delivered Europe’s largest ever euro-denominated corporate bond.

A postponed deal as issuers clashed in the SSA market left a blemish on a strong week for the improving public sector dollar bond market. But such occurrences may well become the norm as issuers crowd in to narrow windows, writes Craig McGlashan.

Two borrowers from Denmark and Norway launched their first euro denominated covered bonds this week, expanding the number of issuers to a new record.