Bank of America

Woori Bank has picked banks for what would be South Korea’s first US dollar Basel III offering.

Bank of America Merrill Lynch has moved to deepen the management team in its Japanese investment banking arm as seeks to grab a greater market share.

Oversea-Chinese Banking Corporation printed the second US dollar Basel III tier two bond out of southeast Asia on Tuesday night. However, it had to price the $1bn issue wider than its equally rated rivals over concerns linked to its proposed acquisition of Wing Hang Bank.

Dutch corporate services company Intertrust Group has allocated €837m-equivalent of loans in euros and dollars, but investors in the deal plumped for security - the first lien tranche drew stronger support than the second lien.

Export-Import Bank of Korea (Kexim) has announced guidance on a new five year fixed or floating rate Kangaroo bond, marking the issuer’s second visit to the Australian domestic market this year.

Indian company Tata Communications is close to wrapping up its $240m fundraising, with commitments worth $160m already firmed up.

The Islamic Republic of Pakistan has returned to the dollar market after a seven year hiatus with a Reg S/ 144A dual tranche issue. It is the second sovereign offering out of South Asia this week after Sri Lanka priced a five year bond on Monday night.

Oversea-Chinese Banking Corporation launched the second US dollar Basel III-compliant tier two transaction out of southeast Asia on Wednesday, one month after United Overseas Bank made the inaugural issue.

Marine vessel operator PACC Offshore Services Holdings (Posh) has opened books for its Singapore IPO which will be worth up to $334m.

MIE Holdings is looking to make its third appearance in the dollar market with a potential 144A/Reg S offering.

Johan Lustig has been appointed head of global corporate and investment banking for the Nordic region at Bank of America Merrill Lynch, reporting to Bob Elfring and Diego De Giorgi, co-heads of EMEA CIB. He joins from JP Morgan, where he was head of Sweden and a managing director in Nordic coverage.

Tullow Oil, the London-listed but Africa-focused oil exploration and production company, has followed up last week's successful bond issue with a $750m refinancing loan.