ANZ

Emirates NBD is set to return to the dollar market, picking banks for a five year benchmark. The trade will be joined in the market by a dollar bond from UAE-based private healthcare provider.

Hong Kong-listed Man Wah Holdings and China Water Affairs Group are seeking offshore loans of $100m and $200m respectively.

Barito Pacific and Bank Rakyat Indonesia have returned to the international loan market for new fundraisings.

The Australian Prudential Regulation Authority has taken a very different approach from the rest of the world with its total loss-absorbing capacity (TLAC) rules, proposing that banks meet these new capital requirements with tier two rather than any new form of bail-inable senior debt.

Bank Rakyat Indonesia has mandated 13 banks for a $700m multi-tranche borrowing, breaking a three-year absence from the loan syndications market.

Shanghai Pharmaceutical Holding is raising a $655m dual-tranche facility to refinance a bridge loan that was used to support the acquisition of Cardinal Health (L).

Hong Kong-listed China Water Affairs Group is paying 10bp less for a new $200m borrowing versus a similar transaction sealed earlier this year.

Jaguar Land Rover, owned by India’s Tata Motors, has returned for a $1bn loan, just months after closing a smaller £640m ($839m) dual-tranche facility.

Australia and New Zealand Banking Group Limited has mandated leads for a roadshow with a view to issuing a covered bond, or senior unsecured transaction, or both. In the meantime, primary market activity is expected to slow this week and next allowing time for the recent slate of deals to be digested and for market sentiment to improve.

Philippines’ Metrobank Card Corp is tapping the syndicated loan market for a $100m borrowing.

An A$500m ($355m) Kangaroo bond from the Export-Import Bank of Korea on Tuesday reaffirmed Australian dollar investors’ appetite for high quality credits from South Korea, amid a fall in global issuance volume in the currency this year.

Indian electricity utility firm Tata Power has launched a $245m refinancing loan into general syndication after mandating five banks last month.