HSBC

Corporación Andina de Fomento (CAF) is this week set to bring its second dollar benchmark of the year, the proceeds from which will be used to pay off a $1bn floating rate note maturing next year.

Taiwan-listed Hon Hai Precision Industry Co is in the market with an up to $500m currency-linked convertible bond, breaking a seven year absence from equity-linked issuance.

Saka Energi Indonesia, the upstream oil and gas arm of Indonesian state-owned Perusahaan Gas Negara, has allocated its $250m loan. The deal is scheduled to sign next week.

Indonesia’s Chandra Asri Petrochemical opened books for its first offshore dollar deal on Monday morning, following a roadshow last week.

TMF Group, the Dutch business services company, has abandoned its plans for an IPO on the London Stock Exchange in favour of a sale to CVC Capital Partners.

Euro corporate bond investors see RCI Banque as a frequent borrower, pricing new issues multiple times a year. But it remains a rare name for sterling investors. On Friday it sold its first bond in the currency for over three years — a bond that has already matured.

HSBC has become the first international bank to acquire a joint lead underwriter licence for Panda bonds sold by non-financial issuers in China’s interbank bond market (CIBM), according to a Friday announcement by the National Association of Financial Market Institutional Investors (Nafmii).

China Minmetals Corporation is sounding out investors for its inaugural perpetual offshore bond. It will meet with fixed income accounts early next week.

Crystal International Group raised HK$3.8bn ($489.5m) with its Hong Kong IPO after pricing the shares near the wide end of terms on Thursday.

The Asian bond market opened with elation on Friday, following China’s blockbuster dollar transaction on Thursday that reset the curves not only of Chinese issuers, but for the rest of Asia as well.

Guarantor: Federal State of North Rhine-Westphalia

While Verizon and Danone amassed combined order books totalling more than €22.5bn on Monday, US consumer goods company Procter & Gamble returned to the euro market somewhat under the radar for its first deal in the currency in two years.