HSBC

Korea Resources Corp (KoRes) has started receiving bids for a return dollar bond this week. The Korean borrower aims to raise $300-$500m from the new trade as it has an outstanding $300m bond that comes up for redemption next month.

Philippine National Bank’s (PNB) $150m three year fundraising has wrapped up following an oversubscription. The facility attracted nine lenders during syndication.

Unrated French laboratory testing company Eurofins Scientific has issued a €300m hybrid bond without a roadshow. It was the company’s fourth hybrid bond issue.

Ineos, the chemical company, returned to the high yield bond market on Wednesday with a €770m deal to redeem $775m of notes it issued in 2012.

Bahrain’s Ahli United Bank has launched $400m of additional tier one notes at a yield of 6.875%, well inside the trading of comparable issuer Burgan Bank’s perpetuals though the deal is $100m smaller.

China Petrochemical Corporation (Sinopec) hit the market on April 21 with a mammoth $6.4bn offering that was split between two currencies and five tranches. While the size of the transaction was impressive enough, it was the deal’s top notch pricing and distribution that drew attention with bankers claiming that Sinopec now belongs to an elite class of issuers.

JAB Holding, the investment company of the Reimann family that owns fashion brands Jimmy Choo, Bally and Belstaff, has mandated banks for its second euro bond.

Shenzhen Qianhai Financial Holdings has successfully completed its maiden outing in the offshore renminbi (CNH) market. A good window, strong government link and a credit enhanced structure all helped the debutante achieve both its size and pricing goals.

India’s Bharat Petroleum Corp (BPCL) has set roadshow dates for what will be its first dollar bond since October 2012.

Gas Natural opted for a drive-by execution for its second hybrid bond, a €500m perpetual non-call nine year, and won a €1.1bn book on Tuesday.

Unrated Italian power generation machinery company Ansaldo Energia's first corporate bond was particularly popular with domestic investors on Tuesday.

The World Bank will test the short end in dollars on Wednesday, after a pair of issuers came at opposite ends of the curve on Tuesday.