Bank of America

Issuers have nipped into the euro market after Easter with some canny deals. Meanwhile the dollar market was watching US Federal Reserve chairperson, Janet Yellen, who on Tuesday said that the possibility of further rate hikes was “not a plan set in stone”.

Brazilian pulp producer Eldorado Brasil Celulose is plotting a potential debut cross-border bond that investors believe could receive a decent reception — if the company waits long enough to issue.

Chinese hospital owner Zhongmei Healthcare Group has picked the Hong Kong Stock Exchange for an upcoming IPO, joining a handful of other names from the sector that are also vying for a listing.

Kia Motors Corp is ready to hit the road for a 144A/Reg S bond that could come to the market as early as mid April.

The Japan Finance Organisation for Municipalities picked banks on Tuesday for a forthcoming dollar deal, while bankers said that the dollar market is likely to shrug off any announcements from a speech by the US Federal Reserve chair later on Tuesday.

The International Finance Corporation is set to extend its green — and conventional — curve with its first 10 year dollar syndication for over 20 years, in what bankers suggest will be the strongest indicator so far for the level of demand returning to the tenor.

A $400m loan for Turkish industrial holding company Borusan is very near completion. The deal is a rare Turkish corporate syndicated loan but many of the lenders are still domestic banks, according to one banker.

Adani Transmission has kicked off a series of investor meetings in Asia, Europe and the US to test appetite for an offshore rupee denominated note or Masala bond.

The Republic of Paraguay was the only Latin American borrower to sell bonds in a short Easter week for much of the region, as conditions continue to improve for new issues.

Cairn Homes, the Irish housebuilder that floated in London for €440m last June, completed its second post-IPO capital raising this week, raising €175m to buy further land for development.

Delta Lloyd, which last week won a shareholder vote to execute a rights issue despite public criticism of the deal from some of its investors, on Wednesday released details of the trade.

With the dollar market taking an early Easter holiday, the World Bank came through as the sole issuer to print in the currency, hitting $3bn in an arbitrage trade that was heralded as a “strong signal” of the health of the dollar market.