Deutsche Bank

Banco Nacional de Desenvolvimento Econômico e Social (BNDES), the Brazilian government-owned development bank, on Monday became the latest financial institution from the country to look to take advantage of depressed bond prices by repurchasing debt below par.

US corporate bond issuance in Europe - so-called reverse Yankee bonds - has steadily regained strength this autumn and could be followed by issuers from elsewhere in the world selling euro bonds.

Mortgage Society of Finland (Suomen Hypoteekkiyhdistys) has mandated for what would be a debut senior unsecured issue in euros, as covered bonds dominated FIG primary activity on Monday.

Videocon Hydrocarbon, which engages in oil and gas exploration, is tapping the loan market for a $75m three year facility and is counting on a standby letter of credit to attract liquidity.

Malaysian telecommunications giant Axiata Group ended its five year hiatus from the international bond market on November 14 with a $500m wakala sukuk that was well received by investors.

Philippine property developer DM Wenceslao and Associates started gauging investor appetite for its $150m-$200m IPO on Friday as it gears up to become the biggest listing in the country this year.

Deutsche Bank has promoted James McMurdo as its head of corporate and investment banking for Asia Pacific, as part of a wider reorganisation of the firm’s global business.

International Airlines Group, the company that owns British Airways and Iberia, issued a highly successful €1bn convertible bond on Thursday, to refinance its acquisition of Aer Lingus, the Irish flag carrier.

Miles Millard, co-head of EMEA corporate finance and head of capital markets and treasury solutions, will leave Deutsche Bank after 27 years, as new co-chief executive John Cryan outlines his top team in corporate and investment banking and global markets.

Continental Rubber of America, a wholly owned subsidiary of Germany’s Continental, issued a €500m no-grow bond on Thursday, returning to the bond market after a two year gap.

Deutsche Bank on Thursday priced its latest Samurai deal well wide of its last effort as investors continued to digest its restructuring, while wild swings in the basis swap between yen and dollars buffet other potential issuers in the format.

Tightly priced and low yielding Pfandbriefe issued this week by HSH Nordbank and Deutsche Hypo received less demand than usual, with HSH failing to attract enough attention to cover its deal.