HSBC
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Bank Nederlandse Gemeenten will nip into the briefest of windows in the dollar market this week to roll over a floating rate note maturing next week.
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Banco Santander has launched its €7.07bn fully underwritten rights issue to support its acquisition of the failed Banco Popular Español, saying it expects to make a return on investment on the deal of 13% to 14% by 2020.
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The appetite of Schuldschein investors seems insatiable. Coming off the largest and busiest second quarter in the Schuldschein market's history, two non-German inaugural borrowers nearly doubled their funding targets on Tuesday.
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Dexia Crédit Local has brought the first £1bn-plus sterling deal from an SSA issuer since a shock UK general election result in early June, with what one SSA syndicate head away from the trade called a “phenomenal” result.
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Turkey’s first privately owned development and investment bank Turkiye Sinai Kalkinma Bankasi (TSKB) has refinanced a loan which matured last Wednesday with a $297m facility from a syndicate of 18 banks.
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Metallurgical Corporation of China (MCC), China National Chemical Corporation and Thailand’s PTT Exploration and Production are out in the market, gauging appetite for their respective bonds.
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Malaysia-based Lotte Chemical Titan Holding has sealed its MR3.8bn ($884.0m) IPO at the bottom of guidance after reopening the deal on Monday at a lower price range and smaller size.
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Guangdong Hengjian Investment Holding raised $500m from its debut bond on Monday on the back of nearly six times demand. The issuer priced the notes inside its comparables, a feat possible thanks to its status as a provincial-level state-owned enterprise and a quiet primary market.
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Instituto de Crédito Oficial sold its third social bond on Monday, printing €500m of four year paper with what bankers on the trade said was a skinny new issue premium.
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The European high yield bond market welcomed a bursting deal pipeline this week, leaving behind last week’s sabre rattling between investors and issuers.
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Malaysian petrochemical firm Lotte Chemical Titan Holding has relaunched its up to MR5.9bn ($1.4bn) IPO and is taking orders for a day, slashing the price range and offering size to secure additional long-only investors.
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China’s ZhongAn Online Property and Casualty Insurance Co has taken a formal step towards listing in Hong Kong, filing a draft prospectus for an IPO that could raise at least $1bn, according to bankers familiar with the matter.