Bank of America

Piaggio, the Italian motor scooter maker, increased its seven year high yield bond from €200m to €250m and priced it with the minimum yield announced on Monday, as part of an exchange offer.

Bank of America Merrill Lynch has hired Joppe Schepers as co-head of EMEA capital products, as well as promoting Piotr Rejmer internally as the other co-head.

MIE Holdings priced a $500m bond on Tuesday night to redeem an existing bond that will be called in May. A substantial anchor presence in the order book built a solid foundation for the 144A/Reg S transaction, which managed to print slightly inside the issuer's existing curve.

State Bank of India last week issued a dual tranche bond that was six times oversubscribed, suggesting many investors' outlook on India remains positive.

Technology firm Tencent has been on a bond investor roadshow after putting in place a $5bn GMTN programme.

MIE Holdings was quick to open the books for its third dollar bond, launching a five year non call three on Tuesday, after receiving a strong response from investors.

The faintest signs of more market friendly policies could lead to further gains in Venezuelan bonds that have rallied in the last two months as investors look for yield. Many investors say they remain unconvinced by the country, but analysts have found reasons for optimism.

KT Corporation made a solid landing with its first fixed rate dual tranche transaction on Tuesday night. The issuer printed $1bn and was able to price inside its existing curve despite a less than ideal market backdrop.

A survey published by Bank of America Merrill on CFO's outlook for 2014 in Asia saw a growing share of respondents expecting a rise in revenue compared to last year but worries about external macro-economic factors mean this is not expected to lead to greater profits.

JP Morgan has promoted Bo Zethraeus to head of investment banking for Sweden, replacing Johan Lustig, who has gone to run global corporate and investment banking for the Nordics at Bank of America Merrill Lynch.

Dollar regular KT Corporation launched a dual tranche bond on Monday after getting a solid response from investors during its recent roadshow. Although it is the third time that the Korean telecommunications company is selling a dual tranche deal, the new issue will be its first to comprise fixed rate notes.

Turkish Bank Garanti Bank gathered a $5.5bn book for its $750m October 2019s on Thursday and used the demand to price the note flat to its curve.