HSBC

HSBC has underlined the importance of its Asian operations with the appointment of Alexi Chan as one of its new global co-heads of debt capital markets. The news comes as speculation grows that the bank will move its headquarters from London to Hong Kong.

Chinese property developer New World China Land has launched a dual tranche financing of HK$2.2bn into general syndication, with three banks at the top.

Bank of India (BOI) demonstrated this week that absence really does make the heart grow fonder, getting a rousing reception for its return to the international bond market. A large oversubscription allowed the borrower to raise the upper end of its targeted size and shave 20bp off initial guidance.

Brazilian cement company Votorantim Cimentos is planning a euro transaction and has picked banks for a May roadshow.

India’s Bharat Petroleum Corp (BPCL) has opened books to what will be its first dollar outing since October 2012. Ahead of its comeback, the Baa3/BBB- rated Indian borrower met potential investors in Asia and Europe.

A bevy of periphery borrowers have picked this week to get deals away — to varying levels of success — as negotiations over the financial future of Greece take on a more positive tone.

Chinese toll road operator Yuexiu Transport Infrastructure is letting Asian investors have the first look of its inaugural euro bond, opening books to a three year offering in the morning of April 29.

Guotai Junan Hong Kong is considering raising the size of its latest fundraising to HK$10.5bn ($1.35bn), more than double its launch size of HK$5bn, after a strong response during general syndication.

Portugal is looking to take advantage of improving sentiment around Greece with a dual tap — but not every periphery issuer has been able to capitalise on events in Athens.

Cyprus dipped into a market that has become at least temporarily more relaxed about the prospect of a Greek default, raising €1bn of seven year cash.

Jerrold Holdings, the UK mortgage lender, priced a £100m tap of its debut high yield bond, double the £50m it initially sought, on Monday to repay some of its banking debt.

UBM Group, the UK marketing and communications company, has signed a £400m five year revolving credit facility with its core relationship banks.