HSBC

Oman electrical distribution company Mazoon has opened books on a 10 year sukuk with a chunky premium at mid to high 5%, leading to plenty of investor interest — despite the glut of Middle Eastern trades.

China Literature has priced its listing at the top of guidance, raising HK$8.3bn ($1.06bn) after closing the books hundreds of times oversubscribed.

China Minmetals Corporation, a state-owned enterprise, turned to bond investors on Wednesday with its first dollar perpetual bond, quickly following up a roadshow earlier this week.

Korea National Oil Corp’s (KNOC) Canadian arm returned to the dollar debt market on Wednesday, eyeing a $200m tap to its existing $285m 2022 bonds.

Cores, Spain’s strategic oil reserves manager, has picked banks for a roadshow to promote a euro bond, just as Spain faces its most severe political turmoil in years.

South American development bank Corporación Andina de Fomento (CAF) returned to the dollar market this week with a $1bn five year fixed-rate note.

Majorcan travel services operator Hotelbeds has announced a repricing of all its loan debt, continuing a wave of margin cutting that investors have little choice but to support.

Lloyds opened books on Tuesday on its first callable senior bond transactions for the minimum requirement for own funds and eligible liabilities (MREL) on Tuesday, following Santander UK into the dollar market as banks start to think about pre-funding for 2018.

Corporate hybrid bond investors have been heavily scaled back on their recent orders for new deals, so they will have been pleased by French laboratory testing firm Eurofins Scientific's Halloween Tuesday announcement mandating for its latest deal.

Chandra Asri Petrochemical reeled in investors on Monday with its new dollar bond. The issuer offered some value compared with its peers, but still managed to grab itself a snug price.

Investors cheered Hon Hai Precision Industry Co’s first convertible bond (CB) issue in seven years this week, cramming in $3bn of orders into the $500m deal. That pent-up demand, along with the Taiwanese iPhone parts maker’s own strong equity and credit, meant it could get away with aggressive terms. John Loh writes.

Fugro, the Dutch geosciences company, returned to the equity-linked market on Monday when it issued a €100m subordinated convertible bond due in 2024 to finance the early repayment of senior debt and US private placement notes.