HSBC

EnBW, the German electrical utility, and the financing arm of a Dutch truck company, DAF Paccar Financial, hit screens with highly rated euro trades on Monday. Central bank bond buying higher than forecast, pushed investors to oversubscribe the deals even though the spreads on offer were thin.

US high grade corporate names hit the European market at the outset this week with WP Carey and General Motors selling bonds and Equinix mandating for a green deal. But syndicate bankers say rising US rates are still some way off the sweet spot to make the euro market irresistible for all Reverse Yankee issuers.

HSBC has reorganised the management of its public sector debt capital markets business following the departure of Frédéric Gabizon at the end of March after a 35 year stint at the bank.

EP Infrastructure, the Czech Republic-headquartered energy infrastructure group has mandated banks to syndicate a bond in euros. Though much of supply from the CEE region last year came from sovereigns, market participants believe now is a good time for corporates to issue in debt markets.

GardaWorld, the Canadian security firm, has pulled out of its hostile bid for G4S, leaving the way clear for US rival Allied Universal.

Ping An Insurance has raised $250m from the first offshore bond from China following the Lunar New Year holiday. It was also the only borrower from Asia ex-Japan to hit the dollar debt market this week.

HSBC chooses chief sustainability officer — JP Morgan creates European unit for Spacs — Piero Novelli to quit UBS

This week was the busiest of the year so far for bank senior supply in euros, as issuers took advantage of strong market conditions after posting full year results.

If you want to be Europe’s leading global investment bank, you've got to have a leading role in the UK, the region's biggest fee pool. And that means having a strong corporate broking platform, writes David Rothnie.

Rabobank found good demand for a 12 year senior bond in the euro market this week, as it took advantage of rise in rates to land at a record tight spread.

National Bank of Kuwait, the country's largest lender, was set to raise an additional tier one (AT1) bond on Thursday as FIG issuers across the Gulf take advantage of good credit conditions. More subordinated funding from the region's banks is expected in the coming weeks.

South Korean e-commerce firm Coupang is set for a multi-billion-dollar New York IPO — the first US listing from the country for a decade. The deal structure could appeal to other Korean start-ups, bankers said this week. Jonathan Breen reports.