HSBC

Textile manufacturer Shenzhou International Group Holdings had a strong debut in the equity-linked market this week, raising HK$3.9bn ($503m) via a five year non put three convertible bond that was multiple times oversubscribed.

Chinese real estate company Franshion Properties, which in March announced the possible spin-off and listing of its hotel assets on the Hong Kong Stock Exchange, has launched into general syndication a HK$4bn ($516m) loan to back its plans.

China’s Huawei Technologies launched a $1bn revolver into the European market on May 19 as it aims to expand its funding sources away from Asia.

Pertamina has opened guidance on a long-awaited new bond, a 30 dollar year issue, almost two months after meeting investors. Bankers said the meetings were part of a non-deal roadshow, but investors have nonetheless been expecting a launch for some time.

Country Garden Holdings Co made a long awaited return to the bond market on May 15. It was the first issuer from the Chinese property sector since April 29, but while it priced a successful deal, bankers said questions remained over the health of Chinese property names.

Latin American development bank Corporación Andina de Fomento increased the size of its first euro benchmark for three years as it gets closer to its aim of being considered an SSA, rather than EM, issuer.

HSBC has boosted the importance of its public sector banking business, making it a separate sector within the global banking group, GlobalCapital understands. It has promoted the group’s head, Allegra Berman, to report directly to the global head of banking.

Agricultural products supplier Olam International has secured a 364 day bridge loan worth $2.22bn, managing to increase it from the $1.5bn target it had approached lenders with. Despite the low starting all-in pricing in the sub 100bp over dollar Libor area, bankers were not put off thanks to the company being the acquisition target of Temasek Holdings.

Longfor Properties has announced guidance on its inaugural CNH offering.

China’s Huawei Technologies launched a $1bn revolver into the European market on May 19 as it aims to expand its funding sources away from Asia.

The UK government will consider selling part of it debut sukuk to retail investors, according to a market official with knowledge of the matter. But some bankers warned that this could over-complicate the deal.

Haitong Securities is meeting investors in Hong Kong and Singapore this week for its inaugural dim sum bond.