Bank of America

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.

GMR Energy has hired seven banks to manage an IPO which could be worth up to $300m and is due later this year, according to people familiar with the matter.

Lippo Karawaci extended its funding curve on Friday night by pricing an eight year offering that was set at a size of $150m by the issuer.

State Bank of India looks to be the next Indian name in the bond market after mandating banks for a new dollar issue.

Lippo Karawaci opened the books for its first dollar offering since January 2013 on Friday morning.

Huge oversubscriptions for borrowers ranked from single A to triple C helped LatAm to its second busiest week of bond supply all year, before any potential deals on Friday. LatAm investors had been starved of new deals in February and saw patchy new issue activity in March.

US investors’ appetite for bond issues remained sharp this week, while issuance dipped, as they grabbed opportunities to participate in deals from less frequent issuers like MidAmerican Energy and Interpublic Group and gobbled up extra spread.

German pension funds have joined Japanese investors hunting for long dated paper from sub-sovereigns, according to medium term note dealers. They are finding super long paper from French regions, but supply is limited and German regions are beginning to tap the demand by pushing further out along the curve.