HSBC
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Bureau van Dijk, the Dutch business publisher, held a well attended London bank meeting this morning for its €620m loan, during which original issue discounts were released for all three tranches of the deal’s term loan.
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Colombian utility Empresas Públicas de Medellín, has sold a COP965.745bn global peso deal at a yield of 7.625%. The note was three times subscribed, according to a syndicate official away from the deal, who added that the deal was a positive indicator of growing local currency demand.
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German internet service provider United Internet has mandated banks for a mid-term loan and a bridge facility totalling €1.382bn to fund its acquisition of KKR's stake in Versatel and its investment in e-commerce venture capital house Rocket Internet.
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HSBC veteran Annemarie Ganatra has resurfaced at Standard Chartered in Hong Kong as the bank’s new head of MTNs.
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ICBC Macau provided investors with a now rare form of bank capital on September 3 when it launched a subordinated bond. As Macau does not follow Basel guidelines, the bond is not subject to Basel III regulation.
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Indonesia proved it had come of age as a sukuk issuer this week. The issuer built its largest orderbook ever for an Islamic deal and beat its yield target as a result. But more important was the tenor. The sovereign enticed a host of accounts — new and old — into what was its largest and longest dated sukuk yet.
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Dutch business publisher Bureau van Dijk has started the autumn run of leveraged loan deals, launching a €620m loan to back its buyout by EQT.
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Telekom Austria, the telephone and internet services provider controlled by Carlos Slim's América Móvil, has launched syndication of a €1bn five year revolving credit facility to refinance its loan due in 2017.
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China Taiping benefited from increased support for the insurance sector by the China on Wednesday and priced a perpetual bond 42.5bp inside initial guidance on the back of strong demand. Bankers say the transaction marks a change of sentiment towards the credit as its previous transactions had not received much demand.
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Korea Hydro & Nuclear Power (KHNP) has mandated five banks to arrange a series of fixed income meetings that is scheduled to kick off from September 8.
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Whether it is because investors have full faith in the eurozone periphery recovery story, are desperate for yield or a bit of both, there was little doubt this week that sovereigns in the region will be able to extend their average maturities in the coming months.
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Sri Lanka’s National Savings Bank (NSB) made a stellar return to the market on September 2 as its rarity enabled bankers to tighten initial guidance by 35bp and drove pricing well inside where the bank’s debut bond came in 2013.