HSBC
-
-
-
The European leveraged finance market is set to contend with loan deals approaching €4bn for the start of September. Over half of that is for the German pharmaceutical firm Stada — a deal that could help make funding more expensive for everyone else, writes Victor Jimenez. -
SSAs enjoyed soaring conditions in the sterling market this week after a summer lull, which bankers attributed to a big Gilt redemption and sterling’s weakening against other main currencies.
-
A group of institutions working towards a distributed ledger solution for cash settlement has doubled in size, as six global investment banks came aboard this week.
-
BDO Unibank set a new record on Wednesday with a $700m bond, the largest dollar deal ever from a bank in the Philippines and a rare transaction from the island nation this year. Although few expect a rush of Philippine credits in the dollar market as a result, there is some hope next year will set a new pace. Morgan Davis reports.
-
HSBC India IB head leaves — StanChart brings Goldman banker out of retirement — CS hires Apac fixed income head — MUFG staffs up in India — SocGen creates FIC role
-
Philippine conglomerate Ayala Corp is gauging investor interest in a debut fixed for life perpetual, which would be the first international corporate issuance from the country this year.
-
South Korean retail giant Lotte Shopping Co snapped up $300m on Wednesday from its first bond in five years, defying geopolitical tensions and negative headlines around the Lotte Group to price at a tight spread.
-
Two of Europe’s biggest issuers are relaunching the sterling market in the wake of the summer lull this week — including one that more than doubled its initial target.
-
The Hong Kong subsidiary of Lotte Shopping Co, the retail unit of South Korea’s Lotte Group, kicked open the quiet primary bond market on Wednesday with its first dollar outing in five years.
-
HSBC’s investment banking head for India has left the firm and is now on gardening leave, according to sources.
