HSBC

Bank of Communications Financial Leasing opened a new source of funding on Monday with a $300m securitization of loans backed by aircraft assets. Not only was this one of the few internationally marketed structured finance transactions out of Asia, it also marked the return of a rare credit support structure last seen publicly in 2014.

Groupe SEB has set a new record for a French borrower tapping the booming Schuldschein market, raising a whopping €800m to help it buy a German company.

Etihad Airways has issued the first ever Schuldschein for a Middle Eastern company, increasing the deal from €150m to €209m in syndication with strong demand from European and Asian commercial banks.

Republic of Poland has opened books on its debut green bond, marketing the deal with a “sensible” a 20bp-25bp premium, according to emerging market bankers.

Bank of Communications Financial Leasing opened the week with a rare structured finance transaction on Monday, attracting bids for a $300m dual-tranche offering backed by loans that are secured by aircraft assets.

South African gold miner Sibanye has agreed to buy US palladium miner Stillwater for $2.2bn and will raise a $2.7bn loan to pay for the acquisition. Sibanye joins South African borrowers Steinhoff and Aspen in raising large loans for M&A this year.

Property developer Country Garden Holdings has signed a $1.5bn dual currency syndicated loan for general corporate purposes, including prepayment of debt.

Equity-linked bond bankers are looking forward to a lively year for issuance in Emea in 2017, as they believe market conditions will favour the product and a wide variety of issuers will find it useful.

More than half of a global group of 276 investors surveyed by HSBC have a strategy for reducing the environmental impact of their activities — but 74% of them encounter barriers to increasing their low carbon financing, mainly a lack of credible investment opportunities.

Lloyds has become the third UK bank to soak up strong demand for holding company level senior debt in the Samurai market this year, though the lack of clarity around risk-weightings continues to limit bank treasury involvement.

Ensco, the London-headquartered offshore oil drilling contractor, has raised $750m with a popular convertible bond issue to finance a tender offer for high yield bonds due 2019 and 2020.

JP Morgan was hit hardest as the European Commission on Wednesday fined three banks a total of €485m for manipulating markets in a euro interest rate derivatives cartel.