HSBC

Hong Kong's Hutchison Whampoa has signed a facility agreement with HSBC for a £6bn ($8.95bn) bridge loan to back its acquisition of O2 UK from Spain's Telefónica.

IL&FS Transportation Networks has wrapped up its third outing to the offshore renminbi (CNH) bond market, successfully raising proceeds to repay an outstanding debt that comes up for redemption at the end of April. This time the issuer enhanced the credit support with a guarantee from its onshore parent.

HSBC published on March 24 its yearly RMB internationalisation report. Among its key findings were the fact that usage of RMB dropped by a fifth, to 17% of respondents, although nearly a quarter of surveyed executives are considering using it in future.

Centrica, the UK energy company, is to launch its first hybrid bond, and has hired banks to arrange a four day roadshow for a the deal, set to be in sterling and euros.

Teva Pharmaceutical Industries is out in the market with a dual tranche euro-denominated bond. Bankers expected the deal to be priced flat to the borrower’s dollar curve.

A Dutch agency is set to bring a sustainability bond in the coming weeks, after mandating banks for a roadshow on Tuesday.

US regulatory authorities said on Monday that BNP Paribas, HSBC and Royal Bank of Scotland had failed to provide adequate resolution plans in 2014, and must address the failures before submitting this year’s plans.

The leads on Fuyao Glass Industry Group Co’s HK$7.39bn ($951.67m) IPO are guiding investors to the top of its HK$14.80-HK$16.80 marketing range, amid solid demand for its shares and a book that is now multiple times covered.

IL&FS Transportation Networks has returned to the offshore renminbi (CNH) debt market as ahead of its outstanding dim sum bond redeeming next month.

Bank of China Aviation (BoC Aviation) was looking to diversify its investor base with its 144A debut, and it achieved just that, with the US taking up half the allocation.

Monday was a bank holiday in Colombia but so well has the market reacted to last week’s US Federal Reserve statement that the South American nation ignored a sleepy day in Bogotá to stride into markets and tap its recently issued 2045s.

French water and waste management company Suez Environnement has refinanced its hybrid bond, due to be called in September, with a new €500m non-call seven year hybrid.