HSBC

Restrictions on launching A-share linked financial products is one of the remaining hurdles for Chinese equities joining the MSCI. But as solving the issue will require China to relinquish more capital controls, there is unlikely to be a swift conclusion.

FIG spreads have come under pressure this week, with nervousness creeping into the market following new polls on the UK’s referendum on EU membership.

South Korea’s Woori Bank is expected to bring a dollar-denominated Basel III additional tier one bond to the market as early as September after its plans were abruptly put on hold in April due to a proposed changes in rules.

Index provider MSCI has surprised markets by once again delaying the inclusion of A-shares in its Emerging Markets index. While some progress has been made, China still has more work to do to tackle concerns around repatriation and restrictions on launching financial products linked to onshore exchanges, the firm said on June 14.

Sysco Corp, the US food service group, completed the financing for its acquisition of UK peer Brakes Group on Tuesday with a €500m bond that was successfully sold in the teeth of market volatility.

Abu Dhabi National Energy Company (Taqa) has released initial price guidance for a dual trancher in a choppy market, while Qatari telco Ooredoo has chosen to wait.

China has registered the first foreign participant to its interbank bond market following its much publicised rule relaxation in February with UK asset manager Insight Investment first across the line on Monday.

MTR Corp has wrapped up its syndicated loan at a larger than expected HK$25bn ($3.22bn), after banks piled in and allowed the borrower to increase the facility from HK$15bn.

Spanish elections and narrowing polls on the UK's referendum on EU membership are taking their toll on bank debt markets with a sole Nordic covered bond out to keep investors entertained on Monday.

Islamic Corporation for Development (ICD) is planning a $250m private placement (PP) in July which will bring it close to its full funding requirement for the year.

Watch retailer Hengdeli Holdings has announced a tender offer to buy back for cash up to $175m of its $350m 6.25% notes due 2018.

The IPO of ASR Nederland, the second biggest this year in Europe after that of Dong Energy, reached a successful conclusion one day later than Dong’s, when the stock rose 2.6% on its first day of trading on Friday.