HSBC

Austria was richly rewarded for taking a leap into the unknown on Tuesday, as it took orders of over €7bn for the longest dated syndication ever from a core eurozone sovereign. KommuneKredit also broke its tenor record in euros, while the European Financial Stability Facility hired banks for a tap of a bond that looks short end by comparison.

Intu Properties, the UK shopping centres group formerly known as Capital Shopping Centres, issued its first convertible bond since 2012 on Tuesday morning, and successfully raised £375m but the bond has traded down in the aftermarket.

Euro Garages has widened the discount on its £250m term loan ‘C’ to 97.5, with prospects for sterling issuance less clear following a pulled deal last week.

B2 rated Infinitas priced on Tuesday its €380m term loan ‘B’ refinancing at the lower end of the guidance having first signed the deal just eight months ago.

Bank of Communications Financial Leasing Co launched its second dual tranche dollar bond of 2016 Tuesday, following a global roadshow last week.

Hong Kong-listed company Li & Fung has picked banks for a dollar-denominated subordinated fixed-for-life perpetual bond.

Bank of China (London) has mandated banks for what is being described as the first green covered bond from a Chinese bank in a transaction that will be backed by climate debt.

Hong Kong rail operator MTR Corp sold its debut green bond on Monday, attracting orders worth $1.4bn. The deal saw strong support from European accounts in particular, thanks to the rarity and quality of the credit.

Guotai Junan Securities Co has been given the go ahead by its shareholders to list on the Hong Kong Stock Exchange, amid a trend of Mainland brokers floating in the city.

HSBC has appointed Arsalaan Ahmed to helm its Malaysian Islamic banking operations, the bank said in a statement.

Austria is looking to stretch its curve to hitherto untapped lengths, as it mulls a 70 year euro benchmark. Also seeking duration, Rentenbank pushed out its curve, printing a bond at 20 years for the first time ever.

Erste Abwicklungsanstalt has hired banks to run its first benchmark since June and its first in dollars since March.