ANZ

South Korea’s Kookmin Bank has selected four banks to run a potential return to the covered bond market, but a source at the issuer said that due to unfavourable market conditions, there’s a possibility that the deal will not materialise.

Development Bank of the Philippines (DBP) has opened a $300m three year loan to retail participants, having picked the mandated lead arrangers and bookrunners in mid 2015.

China Water Affairs has allocated its latest loan of $200m, doubling the deal size after a score of lenders formed the syndicate.

A $100m syndicated loan for China Water Affairs Group has closed with over 10 banks piling in, prompting the borrower to consider doubling the size of the deal.

Tata Motors has made a rapid return to the international loan market for a refinancing worth $250m, launching the deal just a few weeks after signing a $600m fundraising.

European Investment Bank rounded off a strong week for Australian dollar issuance from public sector borrowers, printing a five year note on Thursday.

South Korea's KEB Hana Bank is set to meet investors next week ahead of its first foray into the dollar bond market since its merger.

A $1.5bn refinancing for Tata Steel that went into senior syndication in early December has been funded by 17 lenders.

A $305m three year borrowing for Tata Power's subsidiary, Khopoli Investments, has received commitments from two banks, having been in general syndication since September.

Australia and New Zealand Bank has given its deputy chief executive, Graham Hodges, the additional role of acting chief financial officer.

Fosun Group has hit the limelight following the disappearance and re-appearance of its co-founder chairman Guo Guangchang, who is understood to be assisting Chinese authorities with an investigation. The news has delayed an ongoing syndicated loan for an affiliated company and has prompted bankers to say they will take a more cautious approach towards privately owned Chinese borrowers. Shruti Chaturvedi reports.

Chinese technology firm Tencent Holdings has closed its borrowing at $2.45bn, nearly double the original launch size.