Bank of America

Fantasia Holdings Group sold the first high yield offshore renminbi bond since last summer, pricing a Rmb600m ($92.4m) three year on Tuesday. Although market participants welcomed new activity in the moribund dim sum market, the outlook for more issuance is bleak.

Mexican cement company Cemex is looking to buy back up to $400m of senior secured bonds, the latest exercise in liability management.

Grupo Sura, the owner of the largest pension fund in Latin America and the largest bank in Colombia, raised $550m of 10 year senior unsecured bonds on Tuesday as Latin American high grade corporates finally took advantage of a receptive market.

The European Stability Mechanism rode the crest of a wave of demand for duration on Tuesday to complete its remaining funding needs for the second quarter, as Unédic looked to hit a shorter maturity.

Mexican refrigerated food company Sigma Alimentos sold the first dollar denominated high grade private sector bond from Latin America this year on Monday, taking advantage of low corporate supply to tighten pricing.

Fantasia Holdings Group launched a three year dim sum this morning in a deal that reopens the high yield offshore RMB bond market for Chinese issuers for the first time since August.

Bank of China Luxembourg has signed its debut syndicated loan after ICBC’s London subsidiary signed a $1bn deal last year.

Inovyn, the UK-headquartered chorvinyls (PVC) producer 50% owned by Ineos, has set price guidance on its €835m term loan ‘B’ backing its €335m buyout of equity partner Solvay.

Bankinter will begin meeting investors for a sale of additional tier one bonds on Wednesday, while fellow Spaniard Banco Sabadell and Italy’s UBI Banca are also set to issue capital in the next few days.

Bank of America Merrill Lynch has announced a clutch of promotions, including the head of investment banking for EMEA.

Turkey's Dogus Holding is talking to banks about a loan of $400m, according to three bankers. A deal would closely follow one from Borusan Holding, which signed a loan earlier this month that was snubbed by international lenders.

An overzealous pricing strategy and a divisive credit rating meant JD.com’s debut dollar bond offering did not get off to a good start with the notes widening significantly in the secondary market on Monday.