Banks

Vivion, a property company formed in September 2018 and controlled by Israeli tycoon Amir Dayan, is preparing its bond market debut. The funds raised will be used to split the business into a property company (propco) and an operating company (opco), pay off acquisition debt for recently purchased hotels, and reorganise its corporate structure.

Air Baltic, an airline 80% owned by the Latvian government, printed its €200m five year non-call three debut bond on Tuesday from an order book of €300m.

Oman is set to return to the bond market for the first time in nine months this week. The sovereign has picked banks for five and 10 year dollar benchmarks.

Hanwha Energy USA Holdings Corp’s green bond attracted more than $2bn of orders on Tuesday, allowing the borrower to close the $300m trade with no new issue premium.

Indonesian energy company Pertamina snagged $1.5bn from a dual-tranche bond sale, shaking off concerns about the struggling bond market in the country and proving that quality credits can still get deals done.

Ford Automotive Finance sold a Rmb4.776bn ($694m) four-tranche auto loan ABS on Tuesday, its biggest ABS so far, pricing the three senior tranches at tight levels.

ANZ has named Vishnu Shahaney as the new head of Southeast Asia, India and Middle East, and the country head for Singapore.

Mobile phone technology company Affle (India) has set the terms for its IPO, set to launch next week, according to a source close to the deal.

Cofco International, a commodities trading unit of China’s agri-products company Cofco, has increased its sustainability-linked loan to $2.3bn after receiving commitments from 21 lenders.

Chinese real estate company Country Garden has closed its $1.1bn-equivalent syndicated loan.

Chinese sportswear manufacturer Xtep International Holdings has returned to the loan market for a HK$1.6bn ($204m) refinancing deal that is open only to existing lenders.

Agricultural Bank of China’s Hong Kong branch raised $1bn from a single tranche floating rate note on Tuesday, pricing the deal tighter than its large Chinese state-owned banking peers.