BNP Paribas

French investment firm Salvepar launched its second capital raise in a year on Wednesday, with the investors it found in the first deal committing to support its new one.

BNP Paribas has promoted Leroy Knowles to head of loan syndications, Middle East and Africa.

Offshore supply vessel operator Icon Offshore started premarketing its $300m IPO on May 21 and those on the trade are confident thanks to the presence of cornerstone investors.

Syndication has launched on $14.2bn of debt to back German chemicals and pharmaceuticals firm Bayer's purchase of Merck & Co's consumer care business.

China’s Huawei Technologies launched a $1bn revolver into the European market on May 19 as it aims to expand its funding sources away from Asia.

China Construction Bank (CCB) Frankfurt Branch’s landmark offshore renminbi bond on Monday was met with strong demand in a market that has been buzzing with activity. Bankers said the success of the deal, which is the first CNH bond from a subsidiary of a Chinese name to settle, clear and list in Frankfurt, sets the stage for the city to become a popular destination for offshore RMB issues.

Xella International, the German building materials maker, today began roadshowing €325m of senior secured floating rate notes, as it seeks to cut the margins on its debt.

Money market funds snapped up two year paper from ABN Amro this week almost immediately after the bank came out of earnings blackout.

BNP Paribas has made three internal hires to its Asia Pacific cash equity business, plugging the gap left by several senior departures last month.

China Construction Bank (CCB) Frankfurt branch launched the first Frankfurt-issued renminbi-denominated bond from a subsidiary of a Chinese name on Monday morning. The two year transaction, which will clear and be listed in Frankfurt, had attracted more than Rmb1bn ($162m) in orders less than half an hour after books were opened.

Haitong Securities is meeting investors in Hong Kong and Singapore this week for its inaugural dim sum bond.

Macro hedge funds are positioning for a correction in the Russell 2000 index entering outperformance options against the S&P 500 and selling upside calls on the Russell to finance the trade.