HSBC

Sunway Construction Group has kicked off investor education for its Malaysian IPO of about $150m, with strong indications already coming in from domestic investors eager to sign up as cornerstones.

The bookbuild for the IPO of Spie —the French electrical, telecoms and technical services company — was launched on Monday June 1, and was covered on the first day.

A German agency is set to bring a dollar benchmark in 10 years — a tenor that could be due for a comeback after being largely shunned in May.

Asian Development Bank on Monday mandated banks for its first bond in Canadian dollars this year.

Coal bed methane producer AAG Energy Holdings has fired up its $300m to $400m Hong Kong IPO plans, having started pre-marketing the deal to investors on Monday, June 1.

Darling Ingredients, the Texas-based food ingredients maker, sold a €515m senior unsecured bond to yield 4.75% on Friday, even as French cable manufacturer Nexans was pulling its €250m deal.

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.