BNP Paribas

Materis Chryso, the French admixture producer for concrete and cement, has widened the margin on its €165m seven year term loan ‘B’, after lenders pushed back on pricing.

Export Import Bank of Korea (Kexim) raised $1bn with a dual-tranche bond on August 5, pricing through its curve for the five year tranche. But even though the issuer went out with a SEC-registered deal, the bulk of the demand still came from Asian accounts.

Materis Paints has reduced the size of its seven year term loan ‘B’ from €292m to €267m and flexed pricing on the facility, in the first sign of a successful push-back from investors after weeks of borrower-friendly terms on new issues.

Export Import Bank of Korea (Kexim) returned to the market on August 5, opening books to a SEC -egistered dual tranche benchmark transaction that is split between a five year and a 12 year.

Bulgarian animal drugs firm Huvepharma is set to announce a final price structure on its €275m acquisition loan this Tuesday.

BNP Paribas has appointed Paul Yang as the regional head for Greater China as well as country head for China, in addition to his current responsibilities as country head for Hong Kong and CEO of BNP Paribas’ Hong Kong Branch.

Cosmetics packager HCP Global is targetting a US syndication for a $380m financing, banking on a strong reception from a market that is happy to invest into cov-lite deals. The facility is split into three facilities and has three banks at the top level.

Shanghai Electric Group is looking to make its inaugural issue in international markets. The local government owned enterprise will be meeting investors next week for a proposed dollar bond.

China’s State Administration of Foreign Exchange (Safe) handed out Rmb7.3bn ($1.2bn) of quotas to seven licensed Renminbi Qualified Foreign Institutional Investor (RQFII) firms this month, with one getting its first ever quota.

Kosmos Energy, the New York-listed oil and gas exploration firm, priced its $300m debut bond last Friday (July 25) at par to yield 7.875%.

Générale de Santé, the French private healthcare provider, allocated its €1.1bn acquisition loan on Tuesday after cutting the margin on the term loan ‘B1A’ to 350bp over Euribor.

Huvepharma - MacDermid - GNF Telecom - Amtek - Orion - Continental Foods