HSBC

Korea Exchange Bank (KEB) priced the third US dollar tier two bond from the country on October 7, coming in only slightly wider than peer Hana Bank.

FWD Life Insurance Company has made HK$1.09bn ($141m) by selling its entire stake in HKT Trust and HKT Limited, in a block trade that saw strong demand despite turbulent market conditions overnight.

Net dim sum primary issuance had its third strongest month this year in September, but China macro data woes and RMB liquidity constraints risk spoiling the Stock Connect launch party later this month.

Senior loans banker Aaron Chow has left HSBC after six years, GlobalCapital Asia understands.

The Kazakhstan sovereign printed its $2.5bn dual tranche bond on Monday, finally sating demand that had built for the country’s bonds over the last decade and re-pricing the curves of its quasi-sovereign borrowers. Leads built an $11bn book for the bond despite pricing inside emerging markets behemoth Brazil and being the first ever sovereign to adopt ICMA’s full range of recommendations for a collective action clause.

The Central American Bank for Economic Integration (Cabei) priced its second offshore RMB (CNH) bond on Monday, October 6, opting this time for a Rmb500m ($81m) debut in Taiwan's Formosa market.

Sentiment surrounding Korean bank capital transactions is high following Hana Bank’s sucessful Basel III tier two last week. Trying to ride that wave of optimism is Korea Exchange Bank (KEB), which opened books to its own tier two bond on October 7.

German ball bearing producer Schaeffler has launched a €1.8bn-equivalent six year term loan ‘B’ to refinance debt raised earlier this year.

Kazakhstan released price guidance for 10 and 30 year bonds on Monday morning and expects to print the $2bn deal, eagerly anticipated for nearly a decade, later today. Bankers are expecting the absence of Russia from international bond markets this year to intensify demand.

Korea Exchange Bank (KEB) is looking to become the third Korean lender to tap the dollar market with a tier two bond, mandating four banks to handle the transaction.

K Wah International has wrapped up its HK$3.85bn ($497m) financing for a construction project in Hong Kong with a club of five banks.

The world’s ninth largest reinsurer, Korean Reinsurance (Korean Re), is close to making its debut in the debt capital markets having started meeting investors for a proposed US dollar subordinated capital offering on October 6. If it goes ahead it will become only the secodn Asian insurer to issue sub debt offshore.