HSBC

China attempted to position its upcoming offshore renminbi sovereign bond as a sign that markets have full confidence in the country’s economy at a launch for the deal at a ceremony in London today.

Croatia has picked four banks for a euro-denominated bond and is embarking on investor meetings for the deal next week.

HSBC drummed up nearly $10bn in orders for a dollar denominated additional tier one (AT1) deal on Tuesday, as the asset class continued its steady recovery after a difficult first quarter.

UK homebuilder McCarthy & Stone has extended the maturity and reduced the interest cost of its £200m revolving credit facility.

China Development Bank has opened books for a dual-currency, triple-tranche offering, four months after the policy bank raised around $2bn from a similarly structured trade.

The City of Buenos Aires lived up to its reputation as the best sub-sovereign credit in Argentina after pricing a new bond just 50bp over where leads believed the sovereign would have sold a new 10 year.

Meatpacker Marfrig announced initial price thoughts low to mid 8% area for a new seven year non-call three bond expected to be priced on Wednesday, with S&P so impressed by the company’s capital market activity that it assigned a positive outlook to the rating.

KommuneKredit grabbed the first chance of the week to print five year dollars while other public sector issuers are set on 10 year deals.

European Investment Bank picked up €3bn on Tuesday with an April 2032 benchmark that drew a higher degree of French investor participation than is typical for the supranational, said bankers.

Monday's three primary deals underperformed in the secondary market, causing deal flow to strike a lighter tone on Tuesday, with two corporates issuing modestly sized offerings.

A Spanish region is set to bring its first syndication in 18 months, after mandating banks on Tuesday for a five year euro deal.

Petroleum Development Oman is bringing in more banks after first launching its debut loan as a club deal with a small group of lenders.