HSBC
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Romania became the latest CEE name to demonstrate the renewed bid for duration this week, drawing praise for a 10 and 20 year dual tranche euro transaction. However, some debt bankers away from the deal felt the 20 year had come at a hefty spread.
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Credit Suisse has picked Citigroup, HSBC and Société Générale to underwrite its Sfr4.7bn rights issue, which will follow a private placement of Sfr1.35bn to anchor shareholders.
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Hammerson, the UK property company, plumped for the sterling bond market today and was rewarded with a well oversubscribed £350m deal, after a roadshow when it considered issuing in sterling or euros.
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KfW has equalled its previous record-breaking green bond with its second issue in the format in euros — and was able to tighten pricing as well as,increasing the deal’s size.
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Teva, the Israeli pharmaceutical company, will hold a meeting with banks on Wednesday for the syndication of $33.75bn of loans it is using to buy generic drug business Allergan Generics.
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India's Rural Electrification Corp, which sent out a request for proposals for a loan of $150m in September, has zeroed in on two lenders to supply the funds and doubled the size of its deal.
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South Korea’s Woori Bank, which sent out a request for proposals for an offshore bond earlier this month, has hired banks to arrange meetings with investors.
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Uruguay sent a sign that broad volatility in emerging markets would not put Latin American sovereigns off the new issue market with a $1.7bn amortising 12 year deal that it will use to buy back old bonds.
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Dongfeng Motor Group is set to make its debut in the euro-denominated bond market on Tuesday, as the company aims to raise proceeds to pay back part of a bridge loan in the currency.
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The People’s Bank of China (“PBoC”) has opened books to its debut one year offshore central bank note in the Asia morning at 3.30% area on October 20.
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A European agency is set to bring a green bond on Tuesday as optimism grows that SRI volumes could pick up even more over the next two months.
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Greece’s yields screamed lower on Monday despite reports that the country’s creditors are unhappy with its government’s reform efforts. Meanwhile, Cyprus could bring a bond after completing a roadshow last week.