HSBC

Ford's Chinese auto lending subsidiary is selling a Rmb4bn ($587.1m) securitization in the renminbi market later this week, coming to the market a fortnight after Nissan. The originator is deploying the fixed-and-floating combo used by Nissan — a tactic which will help the company broaden its investor base, say bankers.

Chinese internet firm NetEase is tapping the international loan market for the first time, seeking a $500m revolving credit facility.

Industrial Bank of Korea has sold its first social bond, but only after months of waiting for the market to calm.

Beijing Capital Grand closed a successful $400m floating rate bond on Thursday, after waiting weeks for a market window. But the transaction fell flat in the secondary market after a bookrunner’s withdrawal from the trade spooked investors.

Reliance Industries has made a quick return to the offshore loan market with a $2.7bn refinancing deal, having picked 17 banks to act as mandated lead arrangers and bookrunners.

HSBC has appointed Gareth Thomas as head of global banking for the Middle East, North Africa and Turkey. He starts in the new job in September.

Singapore’s Temasek Holdings raised $1.35bn on Wednesday from the sale of a 10 year bond, proving that investors still have the appetite for longer tenors if the credit is right.

Telecommunications infrastructure giant China Tower found huge demand for its multi-billion-dollar IPO this week as it kicked off bookbuilding in Hong Kong. The deal is a counter-balance to a flood of technology listings in the market this year. Jonathan Breen reports.

South Korea’s steel company Posco returned to the dollar bond market on Wednesday, breaking a seven year hiatus. It easily locked up a $500m trade after investors lapped up the rare notes.

China Fortune Land Co and Sunac China Holdings have closed new dollar bonds, following a pair of successful taps that proved the market is returning to form.

Chinese property company Sino-Ocean Group Holdings rolled out a rare corporate floating rate bond on Tuesday, bringing home $700m after big demand from investors.

Connect Plus (M25), the project company that manages the M25 motorway around London, has priced its first public bond issue, for £893m, to unwind interest rate swaps from 2009 and refinance part of a £1bn loan.