BNP Paribas

The spark of life was seen in the senior unsecured market on Wednesday, with Credit Suisse’s senior unsecured bond, issued from its holding company, quickly achieving blowout status during the bookbuilding process.

French lender BNP Paribas has appointed Philippe Aroyo, a long-serving executive, to head its business in Malaysia with effect from April 8.

The Korean DCM market is finally showing some signs of life, with Shinhan Bank opening books for a dollar denominated bond on April 8. Even though the Korean lender is expected to print a deal of only $350m-$500m, market observers are still excited by its appearance as it could be the first of a long list of names.

Aircraft leasing company AerCap has refinanced a $1.1bn term loan facility after American International Group announced plans to sell its stake in the company.

Siaci Saint Honoré, the French insurance broker, hopes to tighten pricing on a €285m acquisition loan and then allocate the facility by Thursday.

Rolls-Royce, the UK aero-engine maker, has refinanced a £1.5bn credit facility for the budget price of 21.25bp over Libor, according to Dealogic.

UK energy company Centrica has sold its first hybrid bonds, as prospects for issuance of the subordinated instruments remains strong.

French automotive equipment supplier Faurecia on Tuesday printed a €200m tap of its €500 3.125% senior unsecured bond, then it returned to the high yield market for €100m more.

Steel-based goods manufacturer Voestalpine has signed a €900m loan consisting of a €600m revolving credit facility and a €300m term loan.

Chinese department store operator Golden Eagle International Trading has launched a $500m three year bullet into general syndication. Eight mandated lead arrangers and bookrunners are on the deal.

Scentre, the Australian company that owns and operates the Westfield shopping centres in Australia and New Zealand, has issued a £400m seven year bond.

French aerospace company Safran has postponed a planned bond issue despite having completed a roadshow.