HSBC

Czech company Atrium European Real Estate is reviving its €300m bond issue this week with a shorter maturity, having roadshowed in June. The deal looks set to be one of the first out of the gates in the emerging markets this week, after a tumultuous summer for that asset class.

A recent ratings outlook upgrade for Hong Kong developer Nan Fung International Holdings gave it a fillip, helping it raise $500m from a 10 year bond issuance on Tuesday.

Bank of the Philippine Islands (BPI) made its first jump into the bond market on Tuesday, taking home a larger-than-expected $600m after investors embraced the rare Philippine issuance.

The debate over whether Shanghai Lingang Economic Development (Group) Co and Zhuhai Huafa Group Co are pure-play local government financing vehicles or Chinese state-owned enterprises took centre stage during their dollar bond outings on Tuesday.

German car leasing company Sixt has raised €200m in the Schuldschein market, part of which was sold through Helaba’s platform, VC Trade. As the market digitises, two platforms — one promoted by Helaba and one by LBBW — are pulling ahead of the pack.

HSBC France met with a strong response for a sale of senior debt on Tuesday, after eschewing the recently popular choice of the five year tenor.

Signs of a revival in primary bond market activity were evident on Tuesday when four Asian issuers ventured out for new dollar transactions, setting the stage for what is set to be a busy September.

India’s Reliance Industries has launched its long-awaited refinancing of around $2.7bn into general syndication, one month after mandating 17 lead banks to run the transaction.

Jose Arnulfo “Wick” Veloso, who resigned from HSBC earlier this month, will replace Philippine National Bank head Reynaldo Maclang in November.

Asian Development Bank has become the second ever borrower to sell Armenian dram denominated paper.

The UK’s preparations for a no-deal Brexit published this week include a proposal to strip away preferential capital treatment for EU27 exposures — meaning a hit to UK bank capital ratios at the worst time imaginable.

BMW and Daimler reopened Europe's corporate bond market on Thursday in emphatic style, reminiscent of the market's usual reopenings after Christmas, when car companies often take the lead. Such a clear and classical restart to issuance, this early in August, is unusual.