HSBC

The UK bank has appointed Sriram Muthukrishnan from Standard Chartered to be its new head of business development for trade and receivables finance in Asia.

Luxembourg, which is gearing up to sell the first euro denominated sovereign sukuk, is set to meet investors in Asia, Europe and the Middle East at the end of September. It has hired a pair of banks to lead the project.

Delhi International Airport Limited (Dial) is preparing to join the procession of Indian high yield names making their debut in the international bond market after picking for banks for a dollar deal.

Chinese corporates have rushed to take advantage of a recent change to regulations governing their use of currency derivatives, with domestic and international banks lining up to announce deals for clients under the new rules. This new liberalisation, which took effect on August 1, is a big step in the development of China’s FX market, bankers have told GlobalRMB.

The chief financial officer of Latin American development bank Corporación Andina de Fomento (CAF) said the lender’s return to the public dollar markets on Tuesday for the first time in two years showed its new-found appeal to SSA-dedicated bond investors.

Huvepharma - Orion Engineered Carbons - Delek Group - Emsland – Stärke

Two subsidiaries of Materis, the French, Wendel-owned building materials firm, increased margins on €432m of term loan ‘B’s as part of a refinancing, in the first signs of successful push-back from investors after weeks of borrower-friendly terms on new issues.

German carbon black producer Orion Engineered Carbons has widened price guidance on its €780m-equivalent loan and will close books on the deal today.

China Construction Bank Asia is meeting investors for what could be the lender’s first ever Basel III compliant bank capital transaction.

BNP Paribas has appointed Paul Yang as the regional head for Greater China as well as country head for China, in addition to his current responsibilities as country head for Hong Kong and CEO of BNP Paribas’ Hong Kong Branch.

James Fielder, head of local currency syndication Asia Pacific at HSBC, is relocating to the UK where he will work in the lender’s Banking division.

The Asian arm of Louis Dreyfus Commodities has closed syndication of its three year revolver at $500m, higher than its launch size of $300m, with the borrower’s relationship banks coming into the deal.