HSBC
-
Franshion Properties made a successful return to the market this week with a $500m five year bond, and the firm is also lining up a spin-off of some of its assets on the Hong Kong exchange.
-
National Bank of Abu Dhabi sold its second ever Kangaroo bond on Wednesday, a comfortably oversubscribed five year trade. The scale of demand for the deal could lead to further Kangaroo issuance from emerging market financials, according to syndicate officials.
-
First time issuer Pactera Technology International is on the road for a senior secured dollar bond which it will use as part of the financing towards The Blackstone Group consortium’s proposed leveraged buyout of the firm.
-
Hyundai Capital Services priced a three year floating rate note through its existing curve on Tuesday. Dealers waited until the US markets opened to announce final price guidance which was in keeping with the issuer’s objective to focus on US investors.
-
United Overseas Bank priced a US dollar-denominated Basel III-compliant tier two bond on Tuesday night, the first offering of its kind from a South East Asian bank. The borrower is also the first Asia bank to issue a dollar Basel III bond since Dah Sing Bank in January.
-
Franshion Properties is out in the market with a new five year bond. Dealers announced initial price guidance at 5.875% area on Wednesday morning for the dollar benchmark.
-
Indonesian power company has closed the limited syndication phase of its $1.127bn loan, which saw two commitments come in during general. But four additional lenders expected to join when GlobalCapital Asia last reported on the transaction have ditched the deal, according to a banker.
-
Energie Baden-Wuerttemberg launched a corker of a hybrid capital issue on Tuesday, raising €1bn to bolster the subordinated layer of its capital structure at blisteringly tight pricing, thanks to perfect timing after a drought of issuance.
-
UK consumer data and software provider Callcredit will present a leveraged loan package backing its secondary buy-out by GTCR at a bank meeting on Tuesday afternoon.
-
Any doubt over the enthusiasm for senior euro denominated bank debt on Monday, when a short selloff was followed by three successful pricings, was entirely dispelled by Tuesday morning, with three more senior deals hitting the market and meeting big demand off the bat.
-
National Bank of Abu Dhabi will sell its second ever Kangaroo bond on Wednesday, a five year note that is attracting a strong response from Australian asset managers.
-
Strong balance sheets are ensuring a rapid growth of trade finance supply by regional players