HSBC

Workspace Group, the UK real estate investment trust, has activated a one year extension option on its £150m revolving credit facility to extend the deal to 2021.

Polish chemicals firm Synthos has signed a €220m-equivalent credit facility ­with seven local and one international bank.

HSBC’s sweeping reorganisation of its global banking unit, announced on Monday, left its Asia business mostly intact, as those close to the bank say it already runs a tight ship in the region.

Zhongyu Gas fires up refi — Trans Corp hit syndication — Cheng Loong raising Vietnam funds — Global Bank gets bigger loan

Emerging market bonds gained renewed energy this week as the likelihood of a US rate rise in June fell. A torrent of issuers are bringing new bonds on both sides of the Atlantic.

Latin America DCM bankers said that Vale had timed its return to bond markets to perfection after the Brazilian mining giant pounced on the huge rally in Lat Am credit that followed disappointing US non-farm payroll on Friday.

The Asian ex-Japan high yield bond market received a boost on Wednesday with Samvardhana Motherson Automotive Systems Group and Xuzhou Economic and Technology Development Zone State-Owned Assets Management (Xuzhou ETDZ) opening books for their dollar debuts.

Price guidance is expected imminently on the IPO of insurance company ASR Nederland, which is closing on Thursday and looks set be the biggest in the current spate of Dutch equity capital markets deals, beating last month’s listing of Philips Lighting.

Titan Cement is set to become the first high yield issuer of the year from Greece, after more than six months without issuance from the country.

Abu Dhabi National Energy Company (Taqa) is embarking on a roadshow for a new dollar senior unsecured bond through six banks.

Commercial Bank of Qatar shrugged off signs of fatigue after $24bn of GCC supply this year to print a $750m five year on Monday.

Chinese conglomerate, Citic, raised $1.25bn from dual-tranche dollar notes, which were its first outing to the dollar bond market since changes to its structure nearly two years ago. The markets were still jittery but the issuer was able to live up to its name value by effortlessly raising the target amount and saving costs.