HSBC

Philippine retailer SSI Group has started investor meetings for an IPO worth around Ps10.8bn ($243m), which will see the company offering a combination of primary and secondary shares.

Agile Property Holdings is looking to raise HK$2.785bn ($359m) from a one-for-five rights issue, becoming the third Chinese property developer to opt for this form of equity raising in just the past month.

Reliance Industries’ telecom arm Reliance Jio Infocomm launched its $1.5bn dual facility refinancing loan into general syndication on Friday, after cementing a mandated lead arranger and bookrunner group with 15 banks.

Hong Kong’s Chong Hing Bank managed to navigate a tight issuance window this week to tap the market with what is only the second US dollar denominated AT1 trade from an Asian lender. The $300m perpetual non call five transaction proved to be such a hit with investors that books ended up more than 16x covered, which allowed the lender to shave 25bp off its closest comparable.

Oil rig maker Honghua Group made its inaugural issue in international markets on Thursday. Having opted for the Reg S /144A format to tap into the US investor base, the Chinese company pulled in an impressive $1.4bn order book for the $200m five year non call paper.

Bank Nederlandse Gemeenten priced its first Maple bond for seven years on Wednesday. The C$250m ($228.0m) October 2019 was originally planned to be a pure Maple bond but ended up with 144A documentation after US investors wanted in on the deal.

After a summer of hand-wringing by investors over its high leverage, Bureau van Dijk has won out on its €845m loan, even managing to tighten the pricing on its euro tranche.

HSBC has hired David Long as head of equities, EMEA, to be responsible for the “global expansion of the European product”, according to a memo seen by GlobalCapital.

After a summer of hand-wringing by investors over its high leverage, Bureau van Dijk has won out on its €845m loan, even managing to tighten the pricing on its euro tranche.

UK equipment hire company Speedy Hire has signed a £180m asset-backed revolving credit facility, to replace a £220m facility signed three years ago and due to mature in August 2015. The margins and fees on the facility have been reduced across the board.

China’s Honghua Group opened books for its debut international bond on Thursday. The oil rig maker is offering a five year non call three dollar bond.

Chong Hing Bank’s $300m additional tier one (AT1) bank capital issue is attracting plenty of attention from fixed income investors, with bids crossing the $500m mark just 90 minutes after books opened at 9am on September 18.