HSBC

Germany’s KfW is to become the first borrower to sell a fixed rate dollar benchmark since negotiations between Greece and its creditors broke down at the end of June.

Natural gas storage and transportation service provider CIMC Enric Holdings is seeking a $150m loan from the offshore market. The company has chosen one lender to arrange the fundraising, according to a banker away from the trade.

Fonterra Co-operative Group, the New Zealand-based dairy company, has debuted in Taiwan’s RMB bond market, notching up a couple of landmarks in the process.

China Overseas Land & Investment (Coli) is braving the international bond market with a euro bond on July 7 in spite of the continued volatility generated by the Greek debt crisis.

HSBC has hired Antony Isaacs to be head of UK equity capital markets and corporate broking.

Turkiye Sinai Kalkinma Bankasi, the industrial development bank, has closed a €256m-equivalent refinancing loan with banks, increasing it from the deal it signed last year.

Poland has mandated four banks for a bond in euros or dollars.

Two CEEMEA DCM bankers have departed HSBC — one poached by another bank and the other made redundant from the firm.

Turkish financial institutions have taken no notice of the slowdown of deals elsewhere in the CEEEMEA region, with several deals progressing this week.

Airbus, the European aircraft manufacturer, showed just how flashily the convertible bond market can buck trends on June 26, when it issued a €500m deal that won exceptionally good terms, even as other markets frayed.

Halkbank has agreed a $888m equivalent loan with banks, making use of the novel 364/367 day tenor structure introduced by peer Turkish banks this year.

HSBC sits in its traditional top stop in the sukuk league table halfway into to what should be a record year for international benchmark issuance. But its lead has shrunk to the smallest margin in five years, with regional banks snapping at its heels.