BNP Paribas

BNP Paribas’ Frank Kwong is returning to Hong Kong as its head of Asia Pacific bond syndicate, just over one year after he moved to Japan to lead the bond desk in that country. The move comes in the wake of a series of high level changes BNP Paribas has made to how it runs its debt financing divisions globally.

Hindustan Petroleum Corp’s (HPCL) $400m 39 month facility has attracted two to three commitments so far, said bankers.

Pemex proved all the benefits of treating European investors right on Tuesday, with its first dual tranche issue in euros and largest ever transaction in the currency.

The European high yield market this week was in ebullient mood as borrowers left behind the Easter holidays and brought a wide variety of deals to market.

Transport for London will look to price its first ever socially responsible bond today (Friday) following themed deals from a trio of European SSA names earlier in the week.

Leveraged loan supply is set to chug along at low levels through the second quarter, yet despite such paucity of product buyside, discipline is holding firm.

Top Right, the UK information and events group owned by Apax, has allocated its £435m-equivalent refinancing loan with a small change to the deal’s dollar tranche.

Investors were eager to buy German media company Bertelsmann’s €1.25bn debut hybrid bond on Thursday, and it achieved tight pricing.

Albaraka Türk — Danube Food — Xella — Pets at Home

Türkiye Sinai Kalkinma Bankasi (TSKB) sold a $350m five year bond with a 15bp new issue concession on Wednesday. Other Turkish banks are looking for their own issuance opportunities.

German building materials manufacturer Xella laid out price guidance for a loan extension and refinancing add-on at a bank meeting today.

Investors are hoping that FirstRand, the South African bank, will be offering more generous terms for the relaunch of a Reg S senior unsecured dollar bond, having pulled the deal in November 2014.