HSBC

Krung Thai Bank (KTB) has opened guidance on the first international Basel III bond from Thailand, opting for a tier two dollar deal.

Noble Group this week priced the latest in a series of corporate hybrids from Asian issuers, bringing a $350m perpetual non call five. The global supply chain company was refinancing its existing perp after the triggering of an early redemption event in April last year. But although the bold move sparked controversy and enraged some investors, the issuer was able to tap into a new group of buyers and get cheaper funding, writes Isabella Zhong.

Far East Horizon (FEH) printed Asia’s second dollar corporate hybrid in less than a week on Tuesday. With investors thirsty for yield in the low rate environment, the small print of just $200m attracted a huge order book that allowed the issuer to tighten final pricing aggressively to well below expectations.

HSBC has made some changes to its equity origination and syndicate team with a pair of internal moves.

Bank of Communications Hong Kong branch (BOCOM HK) priced a three tranche Taiwan-listed renminbi-denominated bond on Monday, raising a total of Rmb2bn ($325m) across three, five and seven year tenors.

Commercial Bank of Qatar priced its first dollar deal in more than two years flat to its existing curve on Tuesday after attracting more than $3bn of demand.

Charterhouse - Grupo Memora

Royal Bank of Scotland and broker dealer Close Brothers chose to hit the senior market before Wednesday afternoon’s Federal Open Markets Committee meeting, selling euro and sterling debt respectively. Both deals benefited from juicy spreads over swaps, according to syndicate bankers away from the trade.

Right Lane, a subsidiary of Chinese conglomerate Legend Holdings, has raised a total of $350m for its three year dual currency bullet loan, gathering commitments from 14 banks and surpassing its initial target of $300m.

Hong Kong’s Wheelock and Co is back in the dollar market with an unrated three year bond.

Hong Kong’s eSun Holdings printed its inaugural offshore renminbi bond on Tuesday with an unrated Rmb650m ($105m) four year issue that marked the first high yield trade in the CNH market this month.

HSBC has made some changes to its equity origination and syndicate team with a couple of internal moves.