Bank of America

Pakistan returned to the bond market on Tuesday night with a $2bn dual trancher that attracted US investors, as the frontier economy ended a seven year exile from capital markets. The reception from Asian accounts was a little cooler, however.

LotSynergy, a technology company dedicated to the lottery business in China, priced an investor friendly convertible on Wednesday, relying mostly on long only accounts due to a lack of stock borrow available.

China tech goes viral – Leju launches $212m IPO – Tuniu hopes for bullish market with $120m US IPO – Malaysia's Kuok sets sail with $334m Posh IPO – Rapid growth key to Ichitan’s $120m IPO – L&T gauges investor appetite for $800m business trust

The heat in the LatAm bond market crept up a notch after Brazil’s Gerdau captured a 12 times subscribed book for its latest bond on and Abengoa’s deal shot up a remarkable five points in secondary the day after pricing.

Turkish Garanti Bank has released price guidance equating to a 35bp new issue premium for its new dollar benchmark 2019s, according to an origination official on the deal. Bank of America Merrill Lynch, BBVA, Citi and HSBC are arranging the sale.

Greece’s capital market comeback bond will be priced at the tight end of guidance on Thursday after the sovereign drew an extremely large book to the deal.

Renaissance Capital has appointed Mike Harris as managing director and head of what the Russian bank calls 'Turkey product'. Based between London and Istanbul, reporting to David Nangle, head of equity research at Renaissance Capital, Harris will be responsible for country strategy, and for expanding the firm’s research coverage of Turkey.

Allied Irish Bank will sell its second senior unsecured benchmark since the crisis on Wednesday afternoon, a curve extending five year trade that has drawn a favourable response from investors.

Pakistan made an impressive return to the bond market on Tuesday night with a $2bn dual trancher that was well received by US investors though received a cooler reception from Asian accounts as the frontier economy ended a seven year exile from the capital markets.

A quiet first quarter of FIG issuance from Latin America has urged the region’s banks into a bond market that has delivered tightly priced bonds, said bankers. Santander Chile was the latest to benefit, selling a $500m three year FRN on Tuesday.

Suhyup Bank, Korea Land and Housing and Japan's Mizuho Bank have launched new deals.

Beijing based iKang Healthcare Group priced its $153m Nasdaq listing at the top of the range, as investors jumped at the chance to gain exposure to one of the fastest growing industries in China.