HSBC

Faurecia, the French car parts manufacturer, has refinanced a €1.15bn undrawn loan facility, hiring 10 banks.

The property arm of Chinese conglomerate COFCO Group, COFCO Land Holdings, completed a successful debut bond offering on November 10, with books more than 6.5 times covered.

US pharmacy chain Walgreen completed the bond financing of its acquisition of Alliance Boots on Monday with sterling and euro bonds totalling some €1.5bn. Strong demand for US credits allowed the bonds to be priced tightly, with the euro tranche considerably inside Walgreen's dollar bonds, according to one lead manager.

HSBC Global Asset Management has launched its China Multi-Asset Income Fund. The fund, which invests in both stocks and bonds in onshore and offshore Chinese markets, as well as H-shares, is slightly skewed towards equities.

Beijing Infrastructure Investment Hong Kong is due to kick off a series of investor meetings as it seeks buyers for its maiden offshore dollar bond to finance its capacity expenditure and general corporate purposes.

COFCO Land Holdings, the property arm of conglomerate COFCO Group, started receiving bids for its debut offshore offering on November 10. Demand for the bonds are strong with the order book in excess of $1bn by mid-morning.

On Friday Nestlé extended by a year €5bn five year revolving credit facility it had signed in October 2013. The Swiss foods producer also replaced a €5bn-equivalent short term facility with a new facility of €6bn.

The Socialist Republic of Vietnam made a rare appearance in the international debt market on November 6, selling a $1bn 10 year bond that was a blowout with investors. The oversubscription allowed the sovereign to switch large chunks of investors out of costlier existing debt and into the new trade.

HNA Group, the owner of Hainan Airlines, priced the group’s third bond in three weeks on Thursday. The deal follows Hong Kong Airlines and Hainan Airlines which issued dim sum and Singapore dollars respectively.

Malaysia’s Sunway is expecting to raise around $200m from the IPO of its construction unit, after first announcing the plans back in September.

Reliance Jio Infocomm’s $1.5bn dual tranche loan that opened in September has received around $280m in commitments from five lenders during general syndication. At least five more banks are processing approvals for the loan and the deadline for commitments has been extended to November 24 to allow them to come in.

Corporacion Andina de Fomento (CAF) extended its Swiss franc curve to January 2028 on Wednesday in the longest deal in the currency by a non-Swiss borrower since April 2013.