HSBC

China Development Bank (CDB) has raised $1.67bn equivalent from a dual-currency, triple-tranche offering, receiving strong support from Chinese banks and offshore investors.

The Republic of Turkey has set roadshow dates for an outing in the sukuk market, edging closer to finishing off its $4.5bn external funding requirement for this year.

China Huarong Asset Management and Midea Group are out with their respective dollar offerings while France’s BPCE is attracting bids for a Singapore dollar-denominated Basel III tier two.

The RMB lost ground against other global currencies in April 2016, dropping from the fifth to the sixth most used payment currency, according to the latest Swift data. Meanwhile, Swift has seen usage of its platform for RMB securities settlement surge as the Chinese bond market opens to foreign investors.

Meatpacker Marfrig increased the size of the its new seven year non-call three bond from $500m to $750m to send a message that, in the case of certain issuers at least, Brazil is back.

GlobalCapital presents its annual Emerging Market Bond Awards 2016. These awards are determined entirely by a poll of market participants, and celebrate the outstanding issuers, funding officials, investment banks, bankers and rating agencies in the emerging markets between May 2015 and April 2016. Congratulations to the winners and nominees.

The Autonomous Community of Castille and León sold on Wednesday its first bond in several years, eschewing the cheap funding available from its central government in favour of greater independence.

The European investment grade corporate bond saw its first piece of Asian supply since CK Hutchison’s April bond as Bright Food Singapore issued a €400m deal.

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.