Bank of America

The only spark of new issue activity this week from CEEMEA is an Islamic Development Bank sukuk, but EM bankers in London are also busy with a European roadshow from Femsa.

A $460m refinancing for Tata Power subsidiary Bhira Investments has opened into syndication with seven banks at the helm.

KfW is set to print a 10 year euro benchmark, following in the footsteps of Belgium and Finland, this week as issuers attempt to conclude funding before the European Central Bank’s meeting on March 10.

BP on Monday became the first big oil company to brave Europe's corporate bond market this year, as it issued a €2bn dual tranche bond.

IBM wasted little time after its $5bn five tranche trip to the dollar market a fortnight ago, moving to tap the euro market for a €2.25bn triple trancher this week.

With two rare loans for Turkish corporates in the market — a $400m loan for Borusan Holdings and a $50m facility for clothing company DeFacto — bankers are hoping that deal flow from the country will pick up, helping to fill the void left by sanctioned Russian borrowers.

China Development Bank Financial Leasing Co is looking to raise as much as $1bn with a Hong Kong IPO in the first half of 2016, according to a source with knowledge of the plan.

The long end of the euro curve is wide open for public sector borrowers, after a pair of issuers printed deals this week and speculation grew that further central bank stimulus is on the way.

Senvion, the German wind turbine maker, has become the first of this year’s second wave of IPO candidates, announcing on Monday this week its intention to float in Frankfurt.

Unédic joined a mini resurgence in the 10 year part of the euro curve with the third new issue in the tenor in two weeks, following a one month dearth of supply.

State Bank of India has picked banks for a fresh $500m fundraising that is expected to launch into syndication in the next couple of weeks.

Delta Lloyd, the Dutch insurance company, bowed to investor pressure and cut the size of its planned rights issue by a third on Wednesday, to €650m.