Bank of America

Loh Boon Chye, head of Asia Pacific global markets and country executive for Singapore and southeast Asia at Bank of America Merrill Lynch, has left the bank, according to an internal memo seen by GlobalCapital Asia.

Malaysia’s state oil company Petroliam Nasional (Petronas) is gearing up to issue its first dollar sukuk in almost six years, having mandated five banks to run a series of roadshows in Asia, Europe and US.

Axis Bank successfully returned to the dollar market with a $250m tap to its existing 3.25% 2020s. The deal saw such strong demand that the issuer was able to scale up the size while pricing it slightly tighter than the original deal.

French energy company GDF Suez has issued €2.5bn of bonds in four fixed rate tranches, of two, seven, 11 and 20 years, with small new issue premiums.

Emirates NBD has mandated six banks for a European roadshow starting next week, bringing hope that the bank will print a breakthrough euro trade.

The tier two market rocketed back into action on Wednesday, with Santander Issuances and KBC Group hitting the undersupplied sector and quickly building bumper books.

Axis Bank has begun taking orders for a $200m tap to its existing 3.25% 2020s issued last year. While the deal is not driven by reverse enquiry, bankers were confident about going ahead as they had good visibility on what accounts would want to come into the trade.

Banks are lining up to finance Cheung Kong Property’s HK$55bn ($7.1bn) loan, leaving the door open to the possibility of a further thinning in pricing.

Ineos, the Swiss-registered chemicals company, has set price guidance on its €750m refinancing loan in dollars and euros, slightly ahead of Tuesday’s 2pm lender call.

Mitsubishi UFJ Lease & Finance Company printed its first dollar bond of the year on Monday, managing to price it flat to the existing dollar curve due to strong demand.

Boon Chye Loh, head of Asia Pacific global markets and country executive for Singapore and southeast Asia at Bank of America Merrill Lynch, has left the bank, according to an internal memo seen by GlobalCapital Asia.

Three chunky equity block trades were launched this evening – in Safran, Merlin Entertainments and Veolia – after all three companies’ shares had hit 52 week highs today.