BNP Paribas
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Teva, the New York-listed Israeli pharmaceutical company, held a meeting with banks on Wednesday for the syndication of $33.75bn of loans to buy generic drug business Allergan Generics.
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Hammerson, the UK property company, plumped for the sterling bond market on Tuesday and was rewarded with a well oversubscribed £350m deal, after a roadshow during which it considered issuing in euros.
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Export Development Canada printed the third three year dollar deal in as many days on Thursday, suggesting that investor demand for short dated dollar debt is by no means sated.
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BNP Paribas has reorganised its syndicate and origination teams in Asia to be more aligned with the structure of its European units. The changes are part of a wider restructuring of its corporate and investment bank that has been under way since late last year following the appointment of Yann Gerardin as global head of CIB.
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A senior FIG syndicate banker has quit BNP Paribas to move to Danske Bank in Copenhagen.
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A $500m financing for State Bank of India has launched into general syndication following a senior phase that saw three lenders come in.
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Dongfeng Motor Group made a successful offshore debut with a euro-denominated bond this week, which is expected to provide a benchmark for Chinese auto companies eyeing euro notes.
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A $500m five year loan for State Bank of India, which launched into senior syndication in August, has attracted three lenders at the top level.
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German car manufacturer Daimler is in the market for a substantial Schuldschein deal, which was launched at €300m and could grow to €750m, according to bankers away from the leads.
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Vesteda, the Dutch residential property company, issued a €300m unsecured bond, its second, on Tuesday, on the same day as Hammerson, another real estate company, was issuing in sterling.
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A second Canadian SSA issuer is bringing a deal in the week that the country elected a new government — but has opted for a different core currency to its compatriot.
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Province of Quebec has printed the first euro benchmark from a Canadian SSA since Ontario pulled a deal earlier this month. Though subscribed, the €750m 10 year deal was not the blowout bankers were hoping for and is indicative of a tough market environment.