HSBC
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Armacell, the German foam insulation manufacturer, is planning loan facilities for its €960m buyout by Blackstone and Kirkbi, a Danish investment firm. -
Heineken has been making up for lost time in public debt markets, issuing its second bond of the year on Tuesday, after being absent since 2013.
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Banks can look forward to regularly pricing green bonds inside their vanilla senior curves, some FIG bankers believe, after BPCE launched the latest in a succession of tight trades on Wednesday.
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A group of retail equity and bond investors in Abengoa are preparing to file a civil lawsuit in Spain — but hope a class action in the US will speed up proceedings.
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The Province of British Columbia (BC) has mandated Bank of China and HSBC as joint leads for its debut Panda bond, Mike de Jong, BC’s Minister of Finance, told GlobalRMB. The deal is expected to launch in January and will be the first Panda from a sovereign credit.
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Mexican government-owned oil company Pemex held an investor call on Wednesday morning ahead of a planned sterling-denominated trade.
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Kuwait petrochemicals firm Equate is scheduled to complete syndication of $6bn of loans this week.
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The Republic of Indonesia has gone against its normal strategy of raising conventional dollar bonds at the start of the year by issuing a massive $3.5bn dual-tranche offering on December 1. It broke with its policy for the first time in years in a bid to lock in low rates ahead of this month’s expected rate hike by the Federal Reserve.
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Chinese property developer Golden Wheel Tiandi Holdings printed its inaugural dollar bond on December 1, raising $100m from a trade driven by reverse enquiry.
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Asset manager AllianceBernstein is offering a drastically different view on the knock on effects from the renminbi’s inclusion in the IMF’s Special Drawing Rights (SDR) basket. While the consensus is that it will have little impact on the desirability of RMB assets, the manager is forecasting a huge spike in demand.
