HSBC

Latin American development bank Corporación Andina de Fomento (CAF) opted to return to the dollar market with a $1bn three year on Tuesday, opting for a fixed rate note rather than an FRN because it wanted to issue a large benchmark.

HSBC reported a year on year surge in its investment bank balance sheet this week, with loans and advances growing 20% to $303bn and risk weighted assets swelling 25% to $537bn. At group level, lending grew 12% to $1.047tr and risk weighted assets grew 13% to $1.248tr — increases entirely accounted for by the investment bank's growth, offset by balance sheet shrinkage in other areas, notably retail banking and wealth management.

Peruvian fishmeal and fish oil producer Corporación Pesquera Inca (Copeinca) has extended the deadline for bondholders to consent to changes in its indenture that will allow owner China Fishery Group more freedom over the company.

China’s Greenland Holding Group priced a $500m three year bond on Thursday after setting up a new MTN programme last week. The state owned real estate developer was met with a boisterous reception from investors and was able to tighten pricing by 37.5bp.

IFC Development has wrapped up a HK$10bn ($1.29bn) self-arranged club with 16 banks, doubling its fundraising in a repeat of a financing it signed in 2012.

China’s State Administration of Foreign Exchange (Safe) handed out Rmb7.3bn ($1.2bn) of quotas to seven licensed Renminbi Qualified Foreign Institutional Investor (RQFII) firms this month, with one getting its first ever quota.

Grainger, the UK residential property company, has tapped its outstanding secured notes due 2020 for £75m.

China Development Bank (CDB) priced a new 10 year dim sum bond on Wednesday. The bond was issued on the back of reverse enquiry from insurance firms that had a clear idea of what they wanted to pay, said bankers.

Hong Kong listed Modern Land China brought a five year non call three deal to the dollar market on July 24, attracting investors with a double digit coupon.

Chinese state-owned conglomerate Citic has returned to the market with a $1bn dual tranche loan, picking eight banks as mandated lead arrangers and bookrunners.

Tata Steel closed its first international bond on Thursday, July 24, as it looks to refinance loans from its 2008 acquisition of Corus. Despite pricing on a day when the Indian high yield sector saw $2.4bn of new issues, the trade nonetheless pulled in bids worth $9.1bn.

Anglo-Dutch publisher Reed Elsevier issued its latest five year bond in sterling last Friday, taking advantage of limited supply to meet some of its funding needs in the currency.