HSBC
-
The UK Debt Management Office was able to attract its largest order book in an ultra-long syndication during an hour long book build on a tap of the 2068 Gilt — despite the tap coming at a sub-3% coupon and following weeks of volatility in the Gilt market. The deal leaves the UK DMO with one syndication left this financial year.
-
NRW.Bank’s decision to tweak its approach to green bonds looks to have paid off with its second ever deal in the format on Tuesday, as the agency priced a bond that one lead said was through its secondary curve. But factors other than its attempt to woo dedicated green investors may also have been at play, said the banker. -
-
Amdipharm Mercury (AMCo), the UK generic pharmaceuticals group owned by Cinven, has widened pricing on its £984m refinancing and recapitalisation loan, as investors question a £420m dividend for its owners.
-
Unrated Tewoo Group managed to make its debut in the bond market on October 27 thanks in large part to a standby letter of credit (SBLC) provided by one of the joint global co-ordinators on the trade.
-
-
Hong Kong giant Hutchison Whampoa is tapping the offshore market only for the first time this year and is looking to issue in both US dollars as well as euro via two separate deals.
-
The Socialist Republic of Vietnam is back in bond market after a four year break and is hoping investors will agree to swap out of a costlier deal issued back in 2005.
-
Government owned oil company Empresa Nacional de Petróleo (Enap) made it four Chilean bond issues in four business days with a $600m 10 year on Monday.
-
China Travel Service (Holdings) Hong Kong (HKCTS) returned to the market for the first time since 1996 to price a dual tranche dollar bond. Despite its complex business model meaning that the leads had to spend a considerable amount of time educating investors, the book was eight times subscribed.
-
Emperador International, a wholly owned subsidiary of Philippine alcohol producer Emperador Inc, has raised a £210m ($338m) one year loan with two banks.
-
Louis Dreyfus Commodities is refinancing a loan facility raised in December 2011, reducing the amount from $800m to $600m.
