BNP Paribas

American Tower Corp, the US wireless infrastructure company, printed the biggest euro high grade corporate bond of the day on Tuesday, to finance its expansion into Europe and Latin America.

Ryanair, the Irish budget airline, landed a far more solid bond issue on Tuesday than shopping centre operator Unibail-Rodamco-Westfield had a day earlier, as both companies try to recover in sectors ravaged by the coronavirus pandemic.

Société Générale was looking to issue an additional tier one (AT1) in dollars on Tuesday, as European banks find room to place risky subordinated debt despite the trickier backdrop in financial markets.

Singapore’s food and agri-business Olam has raised a $1bn loan to support its acquisition of US spices and seasoning company Olde Thompson.

Property manager Central China Management Co has kicked off the roadshow for its IPO. It is aiming to raise up to HK$1.05bn ($135.2m).

Europe’s high grade corporate bond investors had an array of novel trades to consider on Monday, with debutants and a rare antipodean issuer marketing euro transactions.

PKN Orlen, the Polish oil refiner and petrol retailer, began marketing its debut green bond on Monday, a €500m no-grow seven year. Issuing a green bond would be a bold move for an oil company, but PKN Orlen is being conservative about the assets included and has obtained certification from the Climate Bonds Initiative.

BNP Paribas sold the biggest sterling tier two bond for over a year on Monday, pricing a £1bn deal through its euro secondary curve, as bankers feel the market has shrugged off its risky reputation.

Grünenthal, the German opioid maker, has signed a €400m revolving credit facility, less than a month after making its postponed debut in the high yield bond market.

BNP Paribas sold its first Samurai bond not to reset to Japanese Libor on Friday, ahead of the risk free rate's cessation later this year.

BNP Paribas has created a new global banking division in Asia Pacific, a move that brings the structure of its business in the region in line with its international operations, GlobalCapital Asia has learnt.

A trio of senior borrowers paid minimal new issue premiums in euros this week as Swedbank and AIB Group tapped a sweet spot of demand for bail-inable debt, while Macquarie got attractive pricing compared to its dollar curve.