HSBC

German wind turbine maker Nordex Group has signed a €550m 2.5 year loan from 10 lenders.

The International Finance Corporation released guidance on a new short three year offshore renminbi (CNH) bond on Monday, March 3.

Gemdale (Asia) Investment issued a Rmb300m ($49m) tap of its existing three year bond on Friday, just two days after pricing the original deal. The tap was driven by reverse inquiry from a sole investor, though bankers away from the deal have questioned the unusual move.

Ping An Insurance priced its first Singapore dollar deal on Thursday, marking the issuer’s first foray away from offshore renminbi. The issuer also opted for a 5.5 tenor to build out its curve as well as appeal to a wider investor base.

HSBC is setting up a secondary loan trading platform in Asia Pacific and has appointed Ronnie Mahal to spearhead the operations.

Australian employment website Seek has sealed its loan of A$770m ($692.1m) after strong demand from lenders during syndication allowed it to increase the final deal size from the planned A$565m.

Pohjola Bank assumed the sole responsibility for euro senior unsecured supply this week as FIG syndicates had their first glimpse this year of an increasingly frustrating trend — banks turning down excellent issuance conditions because of reduced funding needs.

ABN Amro highlighted the hunt for yield among Asian retail investors this week, selling a new seven year Australian dollar Eurobond. The longer than average maturity and accompanying yield boost helped to drive investor demand.

Japan Bank for International Cooperation priced its first sterling benchmark in 17 years this week, and investors snapped up the opportunity to buy a rare name in sterling. JBIC, which will on-lend the proceeds to a UK rail project, could become a regular issuer in the currency as it is looking at financing more projects in the UK.

Nationwide Building Society has thrown its hat into the ring for selling additional tier one debt, mandating lead arrangers to gauge interest in what would be the first such deal to be denominated in sterling and the first AT1 paper to be sold by a non-bank institution.

Gas Natural Fenosa, the Spanish gas and electricity company, issued on Thursday the first Spanish corporate bond of the year, and was swamped with a €5bn order book for the €500m no-grow issue.

BP continued a busy month of bond issuance on Tuesday with a €2bn issue, which echoed in scale the €2.5bn dual trancher it sold in February 2012.