Barclays

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.

Cyprus dipped into a market that has become at least temporarily more relaxed about the prospect of a Greek default, raising €1bn of seven year cash.

UBM Group, the UK marketing and communications company, has signed a £400m five year revolving credit facility with its core relationship banks.

SIG Combibloc, the Swiss drinks carton maker that issued one of this year’s biggest blowouts in the European leveraged loan market, is testing its popularity by repricing the loan, which it closed only at the beginning of February.

BlackRock is set to price its first ever euro senior unsecured trade on Tuesday, opening books for a SEC registered 10 year print that had syndicate bankers struggling to pin down relative value.

Bank of India (BOI) is back in the dollar bond market on Tuesday, April 28, breaking two years of silence.