HSBC

China Development Bank’s financial arm of CDB Leasing failed to outshine on its comeback through a five year and ten year dual tranche offering on November 25 despite the status of the ultimate parent as the country’s biggest policy bank.

Korea Eximbank was able to raise well over its minimum target amount on Tuesday with its inaugural bond in Canadian dollars, a currency that the issuer had been eager to print in for a long time.

Spanish travel systems company Amadeus IT Holding priced a €400m three year bond on Tuesday. Demand was strong, with the no-grow transaction nearly six times oversubscribed.

GlaxoSmithKline has returned to the euro bond market after a five year absence with a big double tranche transaction. The UK pharmaceuticals company priced €1.5bn of five year and €1bn of 10 year bonds on Tuesday.

Beijing Capital Land, the real estate arm of Beijing Capital Group – a company owned by the Beijing provincial government - has launched a senior perpetual non call five dollar bond on November 25.

Korea East-West Power Co (EWP) provided a strong end to what has been a mixed year for Korean credits, selling a $500m 5.5 year bond on November 24. Investors thronged to the quasi-sovereign, which benefits from favourable government policies, at one point helping the order book reach eight times subscribed.

Chinese real estate developer Logan Property Holdings launched a two-day roadshow on Tuesday as prepares its maiden dim sum bond six months after selling its inaugural international issue.

The recent spate of bond issuance in euros by US companies continued on Friday as Praxair, the Connecticut-based industrial gases group, sold a €500m 11 year bond with a minimal new issue premium.

HSBC has shifted the public sector DCM coverage it had in New York to London. The move affects Kevin Galligan, who was told of the decision last week, it is understood.

United Internet, the German internet services provider, allocated a €600m Schuldschein issue today. The investors were German and international commercial banks and German savings banks.

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.

QBE Insurance is set to become 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).