HSBC

The Export-Import Bank of China (Chexim) attracted high quality non-Chinese bidders for its dual currency, triple tranche offering this week. The response shows that demand remains high for mainland credits despite concerns about the country’s growth.

Five lenders have opened into syndication a $1.5bn loan for Tencent Asset Management, the investment arm of Chinese technology firm Tencent Holdings.

Bond investors woke up to a pair of investment grade Asian issuers on Wednesday with the government of Malaysia seeking bids for a dual-tranche wakala sukuk and BoC Aviation looking to close a conventional 10 year.

Bond investors had little concern on buying Yunnan Provincial Energy Investment Group’s tightly priced debut bond this week, despite the structure of the notes being weaker than the one sold by parent Yunnan Provincial Investment Holdings Group (YIG) last month.

Tightening pricing to well inside what many market participants had expected did not prevent Argentina holding onto the bulk of its $69bn book and printing more bonds than it had planned on Tuesday in one of the most remarkable trades in recent memory.

Carrefour, the French hypermarket chain, issued a €750m bond on Tuesday, in a market enthusiastic for corporate debt.

Negative interest rate policies are pushing central banks to invest in emerging markets assets and currencies, according to a new survey sponsored by HSBC. The RMB, in particular, has seen a rapid growth in popularity over the past few years.

Yunnan Provincial Energy Investment Group is on track for its first dollar bond while the Export-Import Bank of China (Chexim) has opted for a dual-currency, triple-tranche offering for its return.

Argentina could hardly have asked for more from Monday’s book building for its return to international bond markets as investors rushed into the largest ever order book for an emerging markets deal.

Hong Kong-listed Samsonite International has wrapped up syndication of a $2.425bn loan for its acquisition of premium luggage maker Tumi.

Bertelsmann, the German broadcaster and publisher, issued a €500m bond on Monday that attracted a book of nearly €2bn, but kept the initial size as pricing inside guidance stirred investor sensitivity.

Eurofima was the sole issuer testing the euro waters on Monday, with bankers expecting a quiet second half of the month in the market after a frantic start to April in which issuers placed 12 benchmark deals.