HSBC

Harman International Industries, the US audio equipment manufacturer, made its euro bond debut on Wednesday, putting together a sub-benchmark deal that will be used in part to finance its acquisition of part of Bang & Olufsen.

Eurofima is set to become the latest issuer to sell in dollars this week, with what will be its first deal in the currency since a $1bn three year in May 2010.

Schenk, the German measuring and processing technology manufacturer, set out price guidance on its €605m refinancing loan at a bank meeting on Tuesday.

Chile reaffirmed its commitment to the European bond market on Tuesday with a dual-tranche issue designed to lure the country’s companies to fund themselves on the other side of the Atlantic.

Aviva is considering an extra tranche of subordinated debt even longer than the 30.5 year non-call 10.5 it has already hired banks to sell, while a Norwegian insurer has also mandated in euros.

Three overnight block trades out of Hong Kong found ready buyers when they hit screens on May 19 as investors continued to add to their China exposure and shareholders reaped the rewards of a buoyant market.

Public sector issuers underlined the strength of demand in the dollar market this week as issuers were able to get benchmarks away despite volatility in US Treasuries.

Zhengzhou Yutong Group has opened books for a three year dim sum bond, having opted to add the credit enhancement of a standby letter of credit for its first transaction in the offshore renminbi (CNH) debt market.

Michelin, the French tyre maker, issued its first bond since 2012 on Tuesday. While the issuer drew good demand for seven and 12 year euro bonds, a proposed 30 year tranche failed to gain traction with investors.

Rexel, the French maker and distributor of electrical supplies, is roadshowing a €500m high yield bond that will refinance a dollar bond and be used for general business needs.

The public sector dollar bond pipeline for Wednesday is filling up, with a series of issuers set to follow a three year dollar benchmark from the European Investment Bank on Tuesday.

HSBC is leading the sale of a block in Hong Kong-listed Sinotrans worth HK$1.11bn ($143.21m), as a shareholder takes advantage of the nearly 50% run-up in its share price since end-March.