BNP Paribas

India’s ONGC Videsh is looking to make a return to the dollar market and possibly debut in euros having mandated five banks. The oil and gas company is among a growing number of Asian borrowers that are tapping European investor base as accounts seek to geographically diverse portfolios.

Bayer, the German pharmaceutical and chemical company, set a new benchmark for tight pricing in corporate hybrid capital this week – despite having a big funding need to pay for its $14.2bn acquisition of Merck’s consumer care business.

Swiss commodity trader Mercuria Energy Trading has roared past its refinancing target to sign a $2.65bn syndicated loan.

China City Construction (International) made its debut in international markets on Wednesday. Despite drawing a well subscribed order book for the Rmb2.5bn ($405m) issue, the state owned borrower wanted to leave some money on the table to ensure good secondary performance.

Bayer, the German pharmaceutical and chemical company, today set a new benchmark for tight pricing in corporate hybrid capital – despite having a big funding need to pay for its $14bn acquisition of Merck’s consumer care business.

China City Construction (International) unveiled its inaugural bond in international markets on Wednesday, offering investors a three year offshore renminbi deal.

Tesco, the UK supermarket group, launched its first bonds since November today, raising €2bn in a successful deal that showed bond investors are not worried by the torrid time the company is having operationally.

Bayer, the German chemicals and pharmaceuticals firm, will issue about €3bn of hybrid capital as early as tomorrow, as part of the financing for its takeover of Merck & Co’s consumer care business.

Mauser, the German industrial packaging group, has set price guidance on $1.5bn of loans to back its buyout by Clayton Dubilier and Rice.

Sberbank’s €1bn 5.5 year bond, priced on Monday, has provided the visible benchmark from a state-owned issuer needed to consider the Eurobond market unequivocally open for Russian borrowers, said bankers on and away from the deal.

Snack maker Uni-President China Holdings’ one for five HK$3.38bn ($423m) rights issue was extremely well received by shareholders, with the transaction ending up more than nine times covered.

Giant Interactive has added another name to the syndicate for its $850m five year leveraged buyout loan.