ANZ

India’s Tata Motors is seeking an up to $250m loan to buy back bonds that are due in 2020.

Monica Chang, head of loan syndication at ANZ in Taiwan, has left the bank, according to sources.

Indiabulls Housing Finance has made a quick return to the loan syndications market for a $200m borrowing.

Philippine firm Rizal Commercial Banking Corp is seeking a $300m offshore loan via five mandated lead arrangers and bookrunners, according to a banker with knowledge of the deal.

Leonard Ng has joined Standard Chartered’s debt capital markets team in Singapore.

Fosun Industrial Co has returned to the offshore market for a $550m three year senior term loan that will refinance debt taken on for an acquisition last year.

Zurich Insurance sold its first bonds in the Australian dollar market this week, as it looks to finance its recent acquisition of Australia and New Zealand Banking Group’s life insurance business.

Bank of China’s aircraft leasing arm BOC Aviation sold a rare seven year dollar-denominated floating rate note (FRN) on Monday to an overwhelming response. The deal has opened the door to other financial institutions in the region looking to extend their funding profiles in the format.

Peking University Founder Group, Industrial and Commercial Bank of China and BOC Aviation came out with floating rate deals on Monday as the format continues to find favour among investors.

Birla Carbon, part of Indian conglomerate Aditya Birla Group, is targeting its relationship banks for the senior syndication of a $1.2bn borrowing.

Indomobil Finance Indonesia has returned to the offshore loan market for a new $100m borrowing, according to a banker invited to participate in the deal.

Despite expectations of a slowdown in the pace of issuance in the European high yield market, two borrowers brought €2.9bn of new bonds this week. Both issuers, Spanish construction firm Aldesa and Italian banking payments group Nexi, marketed refinancing deals.