Bank of America

Nationwide Building Society is eager to return to the private placement market after a two-year absence. It won’t be short of demand, as financial institution private placements are being snapped up. Investors scrambled for ING Bank’s paper after the borrower revised its levels at the start of the week.

Russian Tatfondbank’s $70m Reg S private placement was sold to around seven to eight investors, with an average ticket size of $10m, according to a source close to the deal.

Tencent printed the largest ever dollar bond for an Asian technology company on Tuesday night, and the $2.5bn three and five year dual tranche transaction was more than five times subscribed. A ratings upgrade since its last outing ensured the issuer received a good response from the US and allowed it to price comfortably inside its curve.

Vista Land & Lifescapes priced the first corporate dollar bond from the Philippines this year after closing a tender offer. Despite continued strong domestic demand for its name, the issuer took the opportunity to distribute its new bond to a more international investor base.

Union Bank of India launched its latest bond into a busy market on Tuesday, pricing with a new issue concession to help allay investors' concerns after the heavy sell-off of State Bank of India’s recent bonds.

Woori Bank printed the first US dollar Basel III tier two bond from a South Korean issuer on Wednesday night. A big order book helped the borrower to tighten initial guidance by 30bp, the largest margin for an Asian issuer issuing a Basel III compliant security.

The National Bank of Greece is set to price its five year senior unsecured bond inside where the Greek government’s recently issued five year sovereign bond is trading, as the exuberance of the peripheral recovery story continues.

Woori Bank opened the books for the first dollar denominated Basel III deal from a South Korean bank on Wednesday morning with a 10 year bullet tier two bond.

Russian Tatfondbank’s $70m Reg S private placement was sold to around seven to eight investors, with an average ticket size of $10m, according to a source close to the deal.

Korea Expressway added to week's rush of issues, pricing a three year bond on Tuesday. While it was by no means the standout deal among the likes of Sinochem and Tencent, the bond attracted a good spread of investors and performed well in secondary markets.

Union Bank of India launched its latest bond into a busy market yesterday, pricing with a new issue concession to help allay investors concerns after the heavy sell-off of State Bank of India’s recent bonds.

San Miguel Corporation’s Power Holdings looks set to return to the dollar bond market and has mandated banks to arrange a series of investor meetings.