HSBC
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The Schuldschein market will close the second quarter at a busier pace than it closed the first, as international borrowers begin to return to the market, perhaps spurred by rocky public markets.
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Finnvera has become the first European SSA borrower to print a five year dollar benchmark since early March, picking up $1bn with a Reg S/144A benchmark.
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HSS Hire Group, the recovering UK tool hire company, has signed £245m of loans, as the clamour for sterling debt shows little sign of abating amid a bumper second quarter for loans in the currency.
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Greenland Hong Kong Holdings steered through the volatility in global markets on Tuesday to nab $200m from a sub-one year bond to refinance a looming maturity.
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Korea Development Bank sold a dual-listed offshore renminbi bond on Tuesday amid volatile markets. But it achieved the largest size for a CNH bond issue in more than a month, while also pricing inside one of its peers.
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Turkey’s Sasa Polyester is on track to take out a €231m export credit agency-backed loan to build a new facility in its home country.
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Finnvera is set to bring a deal in what has become a rare tenor in dollars, after mandating banks on Tuesday for a five year Reg S/144A benchmark.
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EPP, a Polish real estate investment company, postponed its five year euro bond on Monday despite having gone as far as to set the yield for the deal. The company blamed adverse market conditions, while bankers away from the deal were divided as to whether anything could or should have been done differently by the leads.
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The European Investment Bank has hit screens for the first sterling floating rate benchmark designed for a post-Libor world.
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Five borrowers helped to contribute to a heavy deal pipeline for acquisitions and refinancings this week, as secondary spreads tightened after last week's no issuance.
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EPP, a Polish real estate investment company, has come to market for a five year euro benchmark in what will be the first non-corporate bond from CEE since early May, but early indications suggest a lukewarm reception.
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Coface Poland Factoring has signed a €300m-equivalent syndicated loan to partly replace bilateral credit lines, stretching out the average debt maturity for the Polish subsidiary of the French trade insurance company.