BNP Paribas

A jump in green bond issuance and investment over the last few years has led to a group of high profile investors to call for the industry to develop global uniform standards. But with the buyside divided over how to classify green bonds and the need for more rules, progress is expected to be slow, writes Christina Khouri.

Loh Boon Chye, head of Asia Pacific global markets and country executive for Singapore and southeast Asia at Bank of America Merrill Lynch, has left the bank, according to an internal memo seen by GlobalCapital Asia.

French energy company GDF Suez has issued €2.5bn of bonds in four fixed rate tranches, of two, seven, 11 and 20 years, with small new issue premiums.

Emirates NBD has mandated six banks for a European roadshow starting next week, bringing hope that the bank will print a breakthrough euro trade.

BNP Paribas has become the third non-Chinese bank to issue a Basel III bond in the offshore renminbi (CNH) market. On the back of a big order book from high quality investors, not only was it able to increase the size but the new trade also came inside its dollar and euro tier two curves.

Irish budget airline Ryanair has flaunted its investment grade credentials, pricing its second bond, a €850m eight year, with a minimal new issue premium.

Edenred, the French prepayment services company, issued a €500m 10 year bond on Tuesday to fund its €150m acquisition of 34% of Germany’s Union Tank Eckstein, and to refinance debt.

Campofrio Food Group, the Spanish meat processor, has brought back to the market a €500m high yield bond it pulled in November.

BNP Paribas has promoted Sylvain Magne to head of equity-linked Asia Pacific and deputy head of ECM North Asia in the bank’s Hong Kong office, according to banking sources.

Hindustan Petroleum Corp’s (HPCL) $400m 39 month facility has entered general syndication. The deal is being led by seven banks that will prefund the money this month.

Survitec, the UK survival equipment provider, allocated its £250m acquisition loan late on Friday, reverse flexing to more borrower-friendly terms for the second time.

Asiamoney is pleased to announce the winners of the 2014 Australia Awards. After suggestions by bankers from global and domestic institutions, we weighed the most impressive deals and banks in the market last year. The decisions were not always easy, but we hope to have picked a series of winners that truly highlight the breadth of potential in Australia's capital market. It was a good year for the overall market; it was a great year for the winners below.