Citi

GlobalCapital reveals today the winners of its Bond Awards 2021, including celebration of the achievement of top corporate banks and issuers — and Lifetime Achievement Awards for two of Europe’s most prominent corporate funding officials.

Bank of Cyprus has ended its longstanding absence from the syndicated senior market, returning to print a preferred senior bond that will count towards its minimum requirement for own funds and eligible liabilities (MREL).

Turkey's Akbank launched a dollar sustainable bond on Tuesday, just months after it raised its first ESG-linked syndicated loan.

The Republic of Kenya will return to international bond markets this week after a two year hiatus. The mandate added to the growing pipeline of sub-Saharan African sovereign trades.

Bank of Cyprus will end a 14 year absence from the senior debt market later this week, as it prepares to issue a preferred senior bond to go towards its minimum requirement for own funds and eligible liabilities (MREL).

Bayfront Infrastructure Management has sold the world's first public sustainability securitization deal that was part of a rare project finance trade. Its chief executive tells GlobalCapital Asia that this is unlikely to be its last.

Stellantis, the entity formed by the merger of car makers Fiat-Chrysler Automobiles and PSA Group, printed what the lead managers reckon was the longest maturity bond in euros from the sector in its ratings bracket, though the market was divided over whether peers could print similar deals.

Rating: —/AAA/AAA

A brace of sukuk trades from the Gulf this week racked up enormous order books, demonstrating the voracious demand for Sharia-compliant paper. With a hungry investor base, sukuk issuance is expected to grow, despite some "teething problems".

Georgian Railway steamed into the green bond market on Thursday, raising a benchmark dollar bond.

Agricultural Bank of China sold a multi-currency deal through its Hong Kong branch this week, raising $1.322bn.

South Korea's KEB Hana Bank found a stronger response than expected for its sustainability bond this week, allowing it to raise $600m.