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Corporate Bonds

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◆ The prospects for sterling bond issuance amid UK political upheaval ◆ A new issuer and a new securitization from the SSA sector ◆ Ontario's plans for a resilience bond
Energie 360, Luzerner Kantonsspital and Aargauische Kantonalbank print green paper
Energy companies took advantage of record tight spreads as they joined a ‘perfect storm’ of dollar funding

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  • SMBC Nikko Capital Markets has hired an executive director in debt capital markets, covering French corporate clients.
  • Jumbo, a privately owned supermarket chain with stores in Belgium and the Netherlands, has closed a debut Schuldschein at €200m, according to market sources. New deals are proving popular, as low levels of deal flow cannot slake investors' thirst for assets.
  • Malaysian oil company Petroliam Nasional (Petronas) raised $3bn from a dual tranche bond, just a day after the country’s sovereign made its dollar return.
  • BOC Aviation has sold a $750m bond through its US subsidiary, pricing its third dollar outing of the year at wider levels than some fair value estimates from analysts.
  • Indonesian property developer Pakuwon Jati returned to the offshore debt market this week after a four year hiatus, selling investors a $300m seven year bond.
  • Dalian Wanda Commercial Management Group Co sold a sub-one year bond on Thursday, raising $325m.