BNP Paribas

BNP Paribas Securities Services has been mandated by China Universal Asset Management Hong Kong (CUAMHK) to provide custody and fund administration for its debut RQFII Ucits fund.

Mexican oil company Pemex became the latest Latin American borrower to take advantage of ultra-low borrowing costs provided by ECB president Mario Draghi, following its owner the Mexican government into the euro-denominated bond market.

The Asian bond market is in full throttle this week with a flush of new issuance from mostly investment grade names. But the high yield sector was not to be outdone with Central China Real Estate printing a red hot $300m bond that was close to 12 times covered.

A 12 year socially responsible benchmark from Île-de-France on Tuesday fell short of full subscription as investors shunned the print because of the low yield on offer.

Dutch postal company PostNL has refinanced a €400m revolving credit facility after agreeing to sell its 14.7% stake in TNT Express, worth €642m, to Federal Express.

Dutch postal operator PostNL has closed a €400m five year multicurrency revolving credit facility that will replace a €570m revolver due in 2016 newat lower cost.

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.

Petróleos Mexicanos has tightened price guidance for its dual tranche euro bond as combined books for the seven and 10 year deals hit €5.25bn.

BNP Paribas has hired an experienced high yield credit and CDS trader for its London operations.

Pelabuhan Indonesia II (Persero), or Pelindo II, has mandated five banks to arrange a global roadshow ahead of a planned Reg S/144A dollar bond, which will be the Indonesian port operator's debut if it goes ahead with the deal.

Central China Real Estate is looking to stand out in a crowded Asian bond market by offering investors a tasty price concession on its five year bond on April 14.

German printing equipment maker Heidelberger Druckmaschinen announced a €200m bond issue on Monday that is rated Caa1/CCC+.