HSBC

Turkish mobile phone operator Turkcell sold its $500m 10 year bond at a yield of 5.95% on Wednesday, having responded to investor requests to limit size and in doing so securing a tight price for the issuer.

A pair of banks, including the Royal Bank of Scotland, have made senior hires to their medium term note teams.

Abu Dhabi’s Union National Bank (UNB) has increased its latest loan to $750m and closed the deal just in time to achieve a tight margin, according to one banker on the deal.

Turkish mobile phone operator Turkcell has released price guidance for a 10 year dollar bond at 6.25% yield area, having waited a fortnight for the right opportunity to print its debut trade.

The Black Sea Trade and Development Bank has sold the first bond from its EMTN programme after responding to demand for its name in Romanian leu.

A $550m three tranche borrowing for Bank Rakyat Indonesia (BRI) has launched into general syndication, but not all the mandated lead arrangers and bookrunners are looking to sell down.

Mexican development bank Banco Nacional de Comercio Exterior (Bancomext) sold $1bn of 10 year notes on Tuesday in a bond sale that Latin America debt bankers hoped would encourage more borrowers into the market.

Size is still coming at a price for SSA borrowers, with European Investment Bank paying a slightly elevated new issue premium for a $4bn five year on Tuesday. Despite this, bankers said a second trade from Erste Abwicklungsanstalt confirmed the market is in robust health.

Ascendas Real Estate Investment Trust (Reit) attracted strong demand for its S$300m ($210m) subordinated perpetual bond, with institutional investors drawn to its credit rating and good name.

The higher level of new issue premium SSAs have to pay in dollars is set to be showcased this week, after a pair of European borrowers hit screens on Monday with benchmarks in the currency.

A eurozone periphery sovereign is set to meet investors before a possible euro syndication, as a pair of countries from the region unveiled their funding plans for the rest of the year.

HSBC has announced Mehmet Emin Mazi will be taking over the role of global head of traded credit.