HSBC

Nexans, the French cable manufacturer, became on Friday the first double-B rated issuer to pull a European high yield bond this year. It cited unfavourable pricing and volatility in the market.

Advanced Metallurgical Group, the US-based materials company headquartered and listed in Amsterdam, has signed a $320m loan and removed a covenant that caused difficulties for the company in the past.

BCA Marketplace, the UK used car vendor, has allocated a £375m post-IPO refinancing loan, after increasing the facility and cutting its margins.

The Democratic Socialist Republic of Sri Lanka made a well-received return to the international bond market on May 28, pricing a $650m 10 year bond inside its existing curve.

Singaporean hospitality brand Banyan Tree Holdings has priced a five year note, reaping S$100m ($77m) from the offering.

Sinochem Hong Kong launched its $500m three year bullet into general syndication on May 28. The company chose four mandated lead arrangers and bookrunners for the financing at the beginning of May.

Unilever, the UK-Dutch consumer goods company, highlighted growing demand for short dated bonds and FRNs on Wednesday, when it gathered a hefty order book at arguably no new issue premium for a three year floater.

KfW’s second Canadian dollar outing of the year enjoyed strong demand from international investors on Thursday.

Rating: A3/A/A

Tennet, the Dutch state-owned electricity grid company, sold its first green bond on Thursday, and may have gained a price advantage from the green nature of the deal.

Glencore has refinanced €15.3bn of facilities, with nine banks leaving the syndicate and one new bank added to the position of mandated lead arranger and bookrunner.

KfW’s second Canadian dollar deal of the year enjoyed strong demand from international investors on Thursday.