BNP Paribas

ABN Amro, a regular in the private placement market where it often sells shorter dated senior debt, took to the longer end of the spectrum with a euro denominated deal that brought in orders exceeding €2.25bn.

BNP Paribas’s radical restructuring has simplified its investment bank. Now it has a plan to boost its corporate finance business, writes David Rothnie.

Turkiye Sinai Kalkinma Bankasi (TSKB) has mandated five banks to arrange a dollar Reg S bond — BNP Paribas, Citi, Commerzbank, ING, and Standard Chartered Bank.

Shinhan Bank’s red hot $600m five year bond this week impressed the market with its top notch pricing and timing. The $4bn order book was certainly eye catching, but observers were also won over by how the deal was able to shock a subdued Korean DCM market back into life.

BNP Paribas has made an experienced hire to its foreign exchange trading business in London.

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.