Nomura

Belgian and German medical diagnostics provider Amedes bought some investors who had initially declined the €525m loan back into the fold this week as deal supply fell.

Nomura has hired Shantanu Sahai from Barclays as its executive director in debt capital markets Asia ex-Japan to drive its Indian bond business, according to an internal memo seen by GlobalCapital Asia.

The primary market for peripheral European covered bonds leapt back to life this week after a 12 week hiatus, with investors queuing up to buy a series of deals that emerged in quick succession.

In what was hailed as a momentous, perhaps record breaking, week in high yield finance, Japanese telecoms operator SoftBank took the crown by raising the year’s biggest Asian offshore high yield deal, writes Victor Jimenez.

Armed with a strengthened credit rating, Nomura is upgrading in Europe and plans a US expansion, targeting $1bn of international corporate finance revenues by 2018, writes David Rothnie.

The European Stability Mechanism comfortably raised the €2bn it needed from a tap issue on Tuesday — but there were doubts as to whether it has reopened the euro market for SSAs.

Nomura, has named Shengbo Tang as head of Hong Kong and China insurance and non-bank financials research.

The European Stability Mechanism is set to bring the first syndicated euro deal with a size over €1bn in more than a month — but SSA bankers are split on whether it will reopen the euro market.

KfW on Friday priced the largest Kangaroo deal since April and has reopened the Australian market for more supranationals and agencies to follow, said niche currency bankers.

Verallia, the French glass bottle maker, started sounding investors on Thursday for an €860m-equivalent bond to finance its acquisition by alternative investment fund Apollo Global Management.

Caisse des Dépôts et Consignations made a successful return to the Samurai market this week with a ¥20bn ($161m) dual-tranche deal.

Jumbo transactions from Japanese banks are nothing new when it comes to the international debt market although Sumitomo Mitsui Banking Corp (SMBC) did surprise some by opting to pay up with a $3bn four tranche offering on July 14.