Citi

Public sector issuers from the eurozone periphery this week drew big books on deals that later tightened in secondary trading, as expectations that Italy could be added to the long list of European elections this year failed to deter investors.

Michigan’s Superior Industries International met a hesitant European high yield bond market on Monday, as it began offering its debut bond to fund its acquisition of German peer Uniwheels.

France’s GDF International exited its holdings in India’s Petronet LNG via an accelerated bookbuild on Thursday that priced near the bottom of expectations to raise Rp31.6bn ($491.4m).

Deutsche rejigs loans team — Citi makes senior appointments — Goldman in Aussie push — UBS loses DCM syndicate banker — RHB, AmBank kick off merger talks

Indian lender IndusInd Bank is planning to roll out a $300m syndication with four mandated lead arrangers and bookrunners next week.

India’s cabinet has approved the IPO of Indian Renewable Energy Development Agency (Ireda), the chief financier of the country’s renewable energy ambitions.

China Everbright Bank’s Hong Kong branch grabbed $500m on Tuesday from its three year floating rate note offering, riding on the success of its past transactions, said bankers.

Citi has promoted Stella Choe to the position of head of corporate banking for Australia and New Zealand, succeeding Shane Taylor who is retiring from the firm, according to an internal memo seen by GlobalCapital Asia.

A pair of eurozone periphery SSAs are tackling opposite ends of the euro curve this week. Italy will launch a 30 year benchmark on Wednesday, while a Spanish agency drew a doubly subscribed book for a three year.

Three consecutive sole bookrunner mandates in Latin America have left Citi flying at the top of both the LatAm and the EM bond bookrunner charts.

China Merchants Bank printed its inaugural international floating rate note this week, becoming the first joint stock bank from the country to do so. It priced its bonds close to fair value.

South Korea’s GS Caltex Corp bagged a $400m five year deal on Monday, securing buy-side support thanks to its credentials, despite a soft market backdrop.