BNP Paribas

Aareal Bank, whose plans to repay a loan to the German government by raising additional tier one capital were derailed by capital markets volatility in July and September, is hoping the third time is the charm as it announced a €300 million perpetual non-call five year AT1 on Thursday morning.

The state pension fund of Rio de Janeiro has mandated BB Securities and BNP Paribas for a possible further $1bn of senior secured notes issue via SPV Rio Oil Finance Trust.

Total on Wednesday priced a €1bn floating rate note and an €850m fixed rate bond, just a day after it issued a six year sterling deal.

Spain's Gas Natural issued its first hybrid capital bond on Wednesday, raising €1bn, after a two day roadshow.

The senior unsecured market made up for a slow start to the week on Wednesday as three deals hit screens. Lloyds was able to draw a hefty order book for a seven year fixed rate print, while Danske Bank and Morgan Stanley sold floating rate notes.

China’s Bohai Steel Group and Universal International Leasing made it a busy day for the CNH market on November 11 as reverse enquiry from investors led the issuers to tap their existing bonds for a combined Rmb1.1bn ($179m).

China High Speed Transmission Equipment Group, the nation’s largest manufacturer of wind power transmission gearboxes, had already more than enough orders for its maiden offshore renminbi bond by late afternoon Wednesday.

E-commerce firm Alibaba Group, which signed a $3bn revolving facility with four lenders on August 30, has allocated the financing following a limited syndication. The loan, which features looser covenants than Alibaba’s last fundraising, has set a precedent for future financings by the company, as well as for revolving credit facilities in Asia.

Faurecia, the French car parts manufacturer, has refinanced a €1.15bn undrawn loan facility, hiring 10 banks.

Mediobanca rounded out a week of revival for the senior market on Friday, selling a three year euro benchmark. The deal replicated the success of several other prints earlier in the week, allowing the Italian bank to sell the first senior print from southern Europe in almost half a year.

Books for Poland coal firm, Kompany Weglowa’s bond closed on Friday but with no update as yet on pricing, bankers away from the deal have become curious as to whether the deal has been postponed. But the bond is still live, said a syndicate official on the note.

A senior medium term note and private placement trader has resigned his position at BNP Paribas.