HSBC

British Car Auctions, the UK second hand car seller, has marketed £270m of secured leveraged loans at a bank meeting today, as part of a refinancing of its debt structure.

Spie, the French engineering and communications firm, gave price guidance for its €911m loan at a London bank meeting on Monday.

HSBC is to see a senior departure from its loans business in the United Arab Emirates.

Agricultural Bank of China (Hong Kong) is tapping the debt market for the second time this year, opening books for a three year transaction on December 2. But unlike its earlier trade, which was done in offshore renminbi, the issuer is engaging investors for dollars.

CGN Power has closed books a day earlier than scheduled after seeing massive oversubscription for its HK24.52bn ($3.16bn) IPO, with pricing now likely to be done overnight.

Chinese property developers are making the most of the bullish sentiment following the recent post-rate cut to price dollar bonds.

Dubai Parks and Resorts closed the subscription period for the retail tranche of its $688m public offering on the Dubai Financial Market on Sunday, November 30.

A pair of German states jumped into the euro market at the start of the week, grabbing the opportunity to source cheap funding as speculation that the European Central Bank could start buying government bonds pushed Bund yields to record lows. But despite the luscious funding conditions, bankers are struggling to find supply.

One of Asia’s most consistent sovereign issuers, the Republic of Indonesia, is set to tap the market four times in three different currencies next year, according to a spokesperson for the country’s Directorate General of Debt Management.

Chinese property is back firmly on the menu this week two companies opened books and a second pair start roadshowing on Monday. Opportunistic borrowers piling into international bonds market to take advantage of the post-rate cut bullish sentiment.

BAIC Motor Corp, which has joint ventures with brands such as Mercedes and Hyundai, has stared educating investors about its $1.5bn-$2.0bn Hong Kong IPO that is set to open books on December 8.

RPC, a plastic packaging manufacturer in the UK, has refinanced a revolving credit facility to £490m as it looks to buy Icelandic competitor Promens.