HSBC

The University of Northampton became the first university to make use of the UK's Infrastructure Guarantee scheme when it issued a £231.5m 40 year bond guaranteed by the government on Wednesday.

France's Région Bretagne printed its first ever medium term note on Wednesday, in a move to diversify its investor base and achieve more competitive terms on its debt.

Hapag-Lloyd, the German container shipping company, jumped into the high yield bond market on Thursday for a drive-by sale of a €250m bond, to refinance a deal maturing next year.

Universal Terminal is set to provide investors with a unique story as it eyes raising a whopping S$1bn ($770m) IPO on the Singapore Exchange next month. If successful, the company will become the largest listing in the city-state this year — and the very first oil and gas storage trust to sell shares in Asia. Despite the firsts, the IPO will be a big test of the market’s appetite for size, business trusts and oil-related stocks, writes Rashmi Kumar.

Philippine conglomerate Ayala Corp’s blue chip reputation helped it net Ps12.35bn ($275m) in a hotly-received top-up placement on November 19, leading to the final offer being increased from an initial Ps8.98bn.

Grenke, the German IT leasing company, issued a 4.5 year bond on Wednesday. An order book of €300m allowed it to grow from an expected €100m to €125m.

Reliance Jio Infocomm’s $1.5bn dual tranche loan that opened in September has been allocated among 26 lenders, 11 of which joined during general syndication. Thin pricing did not stop Taiwanese, Japanese and Middle Eastern lenders from piling into the deal, as it gave them a chance to form a relationship with India’s biggest private sector company.

Rating: Baa2/BBB/BBB+

Israel Chemicals is out with initial price thoughts for a 10 year note and follows hot on the heels of Israel Electric which printed the same tenor on November 5.

Chongqing Yufu Assets Management managed to raise Rmb500m ($81m) through its debut bond in offshore renminbi on November 19 but struggled to get investor attention amid a raft of competing supply. As well as being its first outing in the international bond market it is also the first offshore issue from the Chongqing state-owned enterprise.

Finland returned to the sterling bond market on Wednesday with its first new deal in over a year. It came hot on the heels of Instituto de Crédito Oficial, which on Tuesday sold its first new issue in the currency in five years.

The European Bank for Reconstruction and Development attracted orders of about $1bn to a five year global on Wednesday afternoon, GlobalCapital understands, and priced the deal in line with initial price thoughts. The deal contrasts sharply with a 10 year from the World Bank a day before that was oversubscribed by more than $1bn and was priced at the tight end of guidance.