HSBC

United Biscuits drew a flock of lenders to the bank meeting on Friday for its £985m-equivalent loan for its acquisition by Yıldız of Turkey. Banks in particular are eager to gain a relationship with a new company in the European leveraged finance market.

Spie, the French engineering and communications firm, has launched a €725m loan to refinance its debt structure and pay a dividend.

UK department store chain John Lewis issued a £300m 20 year bond comfortably on Thursday, getting double the volume of orders needed, despite not having a rating.

QBE Insurance braved it alone in the subordinated market this week as it became the second Australian financial to tap the dollar market for a tier two bond that would convert to equity or write down upon point of non-viability (PNV).

Eandis, which operates gas and electricity grids in the Flanders region of Belgium, has issued a €400m 12 year bond to fund in part the acquisition of Electrabel’s 21% share in itself.

Dubai Parks and Resorts, a subsidiary of Meraas Holding, on Thursday closed the subscription period for the institutional tranche of its $688m public offering on the Dubai Financial Market.

Spie, the French engineering and communications firm, has launched a €725m loan to refinance its debt structure and pay a dividend.

Russian Standard Bank (RSB) is taking an innovative approach to buffering its capital ratios. Its is asking bondholders to approve a restructuring of its old style 10.75% subordinated 2018s which would make them Basel III compliant. Analysts are unsure whether investors will accept the offer.

The Republic of Indonesia has picked the banks that will sit on its bond panel next year, dropping one bank and appointing two new members.

Bond investors were out in force on November 25 as they sought to get a slice of Beijing Capital Land’s senior perpetual non call five dollar bond. An improving industry backdrop, good pricing and a favourable structure helped propel the deal past the finishing line.

The National Mortgage Corporation of Malaysia (Cagamas) has mandated CIMB, HSBC, RHB and Standard Chartered to arrange its inaugural dollar bond, just two months after it issued its first offshore CNH bond.

Chile, holding investor meetings in Europe this week, is yet to make a decision on currency or maturity, according to a banker working with the sovereign.