HSBC

Daimler, the German car manufacturer, has raised more than €7bn equivalent from three different corporate bond markets within two weeks of announcing its quarterly results on April 27. The sterling market was its focus on Wednesday and it received as strong a response as it did in the other two sectors.

African Export-Import Bank is setting off on a dollar roadshow to market a benchmark, Reg S dollar bond with a tenor of five to seven years.

National Bank of Egypt (NBE) is due to launch a dollar denominated three year loan imminently.

Bank of Communications Hong Kong branch priced two dollar floaters alongside a Hong Kong dollar fixed rate bond on Wednesday, raising close to $1.7bn. A local government financing vehicle from China, Guangzhou Finance Holdings Group Co, wrapped up a $250m maiden bond.

Daimler, the German car manufacturer, has raised more than €7bn equivalent from three different corporate bond markets within two weeks of announcing its quarterly results on April 27. The sterling market was its focus on Wednesday.

ICBC Financial Leasing broke the silence in Asia’s offshore bond market on Tuesday, returning with a popular $1.5bn dual-tranche floating rate transaction that served as a reminder of just how enthusiastic investors can get when there is the opportunity to hedge away interest risk.

Goldman Sachs-backed ReNew Power is seeking the greenlight for its IPO, having filed a draft red herring prospectus with the Securities and Exchange Board of India on Tuesday.

The IPOs of two Turkish retailers, Beymen and DeFacto, were cancelled at the end of last week, after failing to attract enough demand to cover the shares on offer. A third IPO, Şok Marketler, was extended to Wednesday May 9. All three were seeking to list in Istanbul.

HSBC announced changes to clean up its regulatory capital profile in results last Friday. But it was accused of favouring shareholders over debtholders by issuing additional tier one (AT1) debt at the same time as buying back equity.

Real estate developer Vinhomes priced its D30.7tr ($1.35bn) listing at the top of guidance on Monday in Vietnam’s largest equity offering to date, according to a banker on the transaction.

Property firm Greentown China Holdings has returned to the offshore debt market for a $630m term loan to refinance a similar deal sealed in 2016.

The underperformance of China Aoyuan Property Group’s bond on Thursday cast a shadow over new issues from Yuzhou Properties Co and Fantasia Holdings Group Co, with pretty muted responses for both deals.