Citi

Six of the nine investment grade corporate new issues in the last week of February were announced with a three letter acronym that, while providing clarity, served to frustrate investors keen to see greater volumes of issuance. WNG stands for “will not grow” and this week told investors that the meagre sized deals would not be increased, irrespective of demand.

State-owned holding company Investment Corp Dubai (ICD) is looking to refinance a loan maturing in June.

Republic of Senegal could well have timed to perfection its plans to issue a euro-denominated bond with EM investors calling this the “last chance” for EM borrowers to take advantage of extraordinarily low interest rates in the currency.

Private equity firm Advent International has agreed to buy UK electronics company Laird for around £1bn, in a purchase that will be financed with debt.

Finnish residential property developer Kojamo and French care home operator Orpea added to the geographical diversity of the property company corporate bonds sold this week with a €500m seven year deal, while frequent issuer RCI Banque sold a dual tranche offering

Baidu-backed video streaming service iQiyi and Chinese hotel operator GreenTree Hospitality Group are readying a pair of US IPOs for the end of March to raise a combined $1.7bn.

Syndication of a $1bn loan for Lenovo Group got off to a roaring start with an encouraging turnout from banks at a Hong Kong roadshow this week. The Chinese company has made it clear it wants to recapture the top spot in the global personal computer market, but bankers are wary about how the firm will look to meet its goals. Shruti Chaturvedi reports.

Bangladesh's independent power producer Summit Power launched pre-marketing this week for a ground-breaking Singapore IPO. It will be only the second international listing by a Bangladeshi company.

Reliance Power will seek shareholder approval for a Rp20bn ($306.8m) qualified institutional placement, after its board of directors approved the deal this week.

Equity investors threw their support behind Housing Development Finance Corp’s Rp19bn ($291.3m) fundraising this week, as the mortgage lender steered clear of a scandal that has engulfed India’s state-owned banks. It showed that the qualified institutional placement market is still open for the right names, writes John Loh.

Singaporean issuers in the dollar market are rare enough for investors, but those with a guarantee from the triple-A rated government are ever more unusual. Clifford Capital made the most of that rarity value this week, raising $300m from a government-guaranteed deal.

Bank Muscat, Oman’s largest bank by assets and capital, has named leads for a five year dollar note.