Barclays

Amtek Global Technologies, having approached the loan market for the first time in July, will not set a deadline for commitments on its €305m deal but is using the calmer August weeks to improve lenders' understanding of the credit.

Indonesia’s Berau Coal Energy (BCE) pulled a five year non call three deal this week that it brought to market on Monday. Despite feedback that its initial guidance was not generous enough, it decided against revising it — drawing criticism from bankers, writes Isabella Zhong.

Indonesia’s Berau Capital Resources (BCE) II started receiving bids for a $450m five year non call three bond on Monday, August 11, as it looks to refinance an outstanding 2015 paper that is identical in size. The following day, books remained open despite the term sheet having indicated that the deal was due to price overnight Monday.

Argentina’s default on exchange bonds on July 30 has inspired in Argentina no inclination to budge from its position that it will refuse to pay holdout creditors more than the 30 cents on the dollar that exchange bondholders received in 2005 and 2010.

German carbon black producer Orion Engineered Carbons has widened price guidance on its €780m-equivalent loan and will close books on the deal today.

Two leveraged finance bankers, one focused on Spanish corporate origination and one focused on financial sponsors, have left Barclays to join Credit Suisse's leveraged finance and sponsors team.

IReit Global closed the institutional bookbuilding phase of its S$372m ($299m) Singapore IPO on last Friday, though the retail offer remains open until August 11. As all the Reit's assets are in Germany, this proved a challenge to bookbuilding, but the leads wooed investors with a juicy yield.

Shanghai Electric Group (SEG) brought out its debut international deal on Thursday, with the local government owned equipment manufacturer offering a Reg S five year bond.

IReit Global closed the institutional bookbuilding phase of its S$372m ($299m) Singapore IPO on Friday, August 1, with the retail offer still ongoing. The fact that the Reit has all of its assets in Germany proved a challenge when building books, but the leads circumvented that by wooing investors with a juicy yield.

Shanghai Electric Group is looking to make its inaugural issue in international markets. The local government owned enterprise will be meeting investors next week for a proposed dollar bond.

Kosmos Energy, the New York-listed oil and gas exploration firm, priced its $300m debut bond last Friday (July 25) at par to yield 7.875%.

Générale de Santé, the French private healthcare provider, allocated its €1.1bn acquisition loan on Tuesday after cutting the margin on the term loan ‘B1A’ to 350bp over Euribor.