Bank of America

Korea Expressway Corporation is back in the market with a three year transaction on Tuesday as Korean credits come out in force with mandates and new issues.

Union Bank of India is set to become latest Indian bank to tap the international bond market and has announced guidance on a new 5.5 year bond. Bankers are confident that the recent sell-off in SBI newest bond will not and that Indian credits remain in favour.

Woori Bank is set to continue the rush of Basel III compliant tier two paper having mandated banks for a transaction which is expected to launch Wednesday.

Chinese technology firm Tencent launched its first dual tranche transaction on Tuesday morning. The issue follows the establishment of a new $5bn GMTN programme by the issuer last month and is likely to raise more than $1bn sets its sights on the US investor base.

Singapore’s second IPO of 2014 generated plenty of interest and bids from investors although it was not enough to help PACC Offshore Services Holdings price its S$389m ($310m) trade in the upper half of guidance.

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.