HSBC
-
ICBC International Holdings found a positive window to sell a five year bond on Tuesday, riding the uptick in market sentiment to price a $700m transaction inside fair value.
-
A small deal size and investment grade ratings worked in GS Caltex Corp’s favour on Monday, allowing the South Korean oil refiner to price a tight $300m bond.
-
KfW will lead the charge in the euro public sector bond market on Tuesday with a €3bn green bond that will match its biggest ever deal in the format. Eurofima and the State of Berlin are also preparing to bring bonds to the euro market.
-
India’s Yes Bank ended its Rp150.2bn ($2bn) share sale without enough demand to cover the deal, after a low turnout from individual investors.
-
Hexaware Technologies, an Indian software company majority owned by Baring Private Equity Asia, has mandated nine banks for a $600m take-private loan.
-
Eurocontrol, the Belgium based European aviation trade body, has signed a €272m term loan, with the money earmarked for providing liquidity to the aviation industries of member states that have been hit hard by the coronavirus pandemic.
-
Chinese property company Agile Group Holdings has launched a HK$3.242bn ($418m) refinancing loan into syndication.
-
Philippine company Globe Telecom raised $600m from a dual-tranche deal on Thursday, with investors attracted to the firm’s sector of operation.
-
Just two benchmark issuers — Mars and Hewlett-Packard Enterprises — came to the US corporate bond market this week, as earnings season pushed corporate America into blackout. But after a short lull, bankers expect a spike in issuance as companies try to fund before the US election.
-
Caisse des Dépôts et Consignations (CDC) is planning to return to the Swiss franc bond market in the latter half of 2020 after an 18-month absence to refinance an upcoming redemption. Elsewhere, the Canton of Geneva returned to the market for the third time this month as it marches towards a record year on the capital markets.
-
The new green hybrid bond from Dutch utility Tennet was trading tighter on Thursday, quelling suggestions from bankers off the trade that the deal’s oversubscription level was an indication that it would underperform.
-
The new green hybrid bond from Dutch utility Tennet was trading tighter on Thursday, quelling suggestions from bankers off the trade that the deal’s oversubscription level was an indication that it would underperform.