HSBC

A sharp sell-off in European government debt scuppered Emirates NBD’s attempt at a $500m five year on Wednesday, leaving investors skittish and the UAE bank with a $350m print.

Middle East issuance has accounted for nearly 38% of CEEMEA bonds printed so far this year, and that surge is shaking up the CEEMEA league table.

Busy Bee, the UK nursery and early education provider for under-fives, aims to allocate its £210m refinancing loan by Thursday afternoon, with pricing tight but not too aggressive.

After Haversham Holdings bought British Car Auctions in April, the result of its merger, BCA Marketplace, has launched a £300m post-IPO refinancing loan.

Oriflame Cosmetics, the Swedish beauty company, has signed a €110m revolving credit facility and adjusted the covenants to fit with its recent reduction of debt.

A sharp sell-off in European government debt scuppered Emirates NBD’s attempt at a $500m five year on Wednesday, leaving investors skittish and the UAE bank with a $350m print.

Europe's low yield environment has prompted a dramatic increase in Chinese issuers printing euro bonds this year. And with Beijing Enterprises and Yuexiu Transport Infrastructure raising a combined €700 ($772m) on April 29, observers are confident this trend is only about to get stronger.

India’s Bharat Petroleum Corp (BPCL) has made a successful return with a new 10 year trade. Although the Asian bond market was crowded with deals this week, the Indian oil and gas company managed to find a good window to raise $500m.

UK publisher Pearson has followed up its successful return to the euro bond market last year with a tightly priced 10 year, almost five times oversubscribed.

UK nursery and early education provider for under-fives, Busy Bee is closing books on its £210m loan on Wednesday, with lenders expecting pricing to finish tight.

Emirates Telecommunications Corp (Etisalat) increased its June 2019 dollar bonds to $900m on Tuesday, paying a single digit new issue premium for the tap.

China Construction Bank Corp (CCB) has picked eight banks to work on what will be the first Basel III tier two deal from a Chinese bank in 2015.