BNP Paribas

ArcelorMittal raised €750m of five year notes today, in its first bond issue since announcing the call of its hybrid bond in January.

Piraeus Bank has built a blowout book for its three year bond, in a transaction that could herald the coming of a wider array of peripheral borrowers.

Volatility arbitrage and multi-strategy hedge funds have been hedging potential China macro tail risk by going long volatility via volatility spreads that reference the HSCEI and the S&P 500.

Indonesia’s CT Corp has wrapped up syndication of its $1.275bn fundraising, netting commitments worth $555m from a group of 19 banks.

Hong Kong-listed Citic Pacific hit the market with a HK$8.8bn ($1.13bn) loan on the evening of March 17, with bankers on the transaction expecting a quick turnaround from lenders considering the deal in syndication.

Rallye, the unrated French holding company that owns 49% of Casino, the French supermarket chain, and 90% of retailer Groupe Go Sport, launched a bond issue today that investors jumped on, relishing its 4% yield. The €300m issue was increased to €500m.

After a week of booming issuance in the senior market, macroeconomic concerns have taken full grip. The market had initially refused to bend to concerns over political upheaval in Turkey and the standoff between Russia and Ukraine.

Carrefour Banque managed to brave and overcome the broad market turmoil that set in during the second half of last week, pricing its €500m senior unsecured floating rate note to become the only European senior issuer in the market on Friday.

BNP Paribas is often lauded, and is rather proud of, its fine selection of wines and cheeses for in-house dining. But Alexandra Basirov, co-head of SSA DCM, found a new client feasting on the bank’s wares on Thursday.

BNP Paribas’ Frank Kwong has moved to the bank’s Tokyo office to joining Kenichi Osawa as co-head of debt syndicate Japan.

Chinese property company Wuhan Optics Valley Union has begun the marketing process for its Hong Kong IPO which could be worth up to $150m, according to a banker close to the deal.

Chinese company Giant Investment, which is taking private online game developer Giant Interactive, has picked a group of seven banks to provide it with a loan of $850m to fund the buyout.