Barclays

Li Ka-shing’s Cheung Kong Property is scheduled to sign its reorganisation loan at a reduced size of HK$40bn ($5.16bn) with 28 lenders. The trade, which started out at HK$55bn, was heavily oversubscribed as 28 banks piled in with commitments of at least HK$5bn each.

The Export-Import Bank of Korea (Kexim) returned the Hong Kong dollar market this week providing a rare source of issuer diversification in a deal that was priced through a bookbuilding process.

Italian construction company Società Italiana per Condotte d’Acqua aims to price its first bond, €300m of senior unsecured notes, next week.

Dong Energy became the latest in a string of companies to refinance hybrid capital bonds this year, when it issued a €600m 1,000 year non-call 5.5 deal on Wednesday.

Portugal priced an oversubscribed dual tranche benchmark on Wednesday afternoon, executing the deal during a sell-off in Europe’s periphery.

UK nursery and early education provider for under-fives, Busy Bee is closing books on its £210m loan on Wednesday, with lenders expecting pricing to finish tight.

The Export Import Bank of Korea (Kexim) has opened books on a Hong Kong dollar three year offering.

On Tuesday, SIG Combibloc tried to slash the margin of its €2.1bn leveraged loan, which only closed in February. The packaging company wants to cut pricing by 100bp.

“Not too bad” was the market’s verdict on Barclays’ results on Wednesday, despite another ugly hit from fines for bad conduct.

Bank of India (BOI) demonstrated this week that absence really does make the heart grow fonder, getting a rousing reception for its return to the international bond market. A large oversubscription allowed the borrower to raise the upper end of its targeted size and shave 20bp off initial guidance.

A bevy of periphery borrowers have picked this week to get deals away — to varying levels of success — as negotiations over the financial future of Greece take on a more positive tone.

Portugal is looking to take advantage of improving sentiment around Greece with a dual tap — but not every periphery issuer has been able to capitalise on events in Athens.