The British bank is the latest institution to raise an inaugural additional tier-1 note, obtaining a whopping orderbook size of $22 billion from global accounts.
A roundup of the latest syndicated loan market news.
Indonesian car financing firm returns to the global debt markets with a vengeance, upsizing it from a reported $250 million as investors seek diversification away from China.
The Indian export financial institution prices a $500 million bond aimed at funding climate change projects as regional investor familiarity towards the instrument improves.
The Asian airline leasing company targets US bond investors for the first time, with orderbooks touching $5.5 billion as global accounts rush for quality.
Agricultural Bank of China completes the second part of a total Rmb80 billion capital-raising exercise; ICBC is expected to be next as banks beef up their balance sheets.
Cheung Kong Property sets an better-than-targeted all-in price on its new jumbo loan of just Libor plus 110bp as banks pile in.
The bulk of Asian corporate debt slated to mature in 2017 is from Chinese issuers, which are now perceived as facing the greatest challenge to obtain refinancing.
Global DCM realm continues to diversify, with debut dollar deals dwindling and maiden renminbi and euro offerings rising to record levels, according to Dealogic data.
Hutchison Port, ICBC Financial prices dual-tranche dollar notes while Beijing Infrastructure sells a euro offering as the market reopens for high-quality bonds.
Malaysian national oil giant prices Asia's second largest corporate dollar bond, comprising of an Islamic and three conventional tranches.
Offshore bondholders will suffer at the expense of equity holders in the Chinese developer’s latest debt-restructuring proposal, defying common capital structure norms.