Citi

French media technology firm Technicolor increased its euro term loan offering by €200m to €450m on Wednesday, as Verisure tightened and accelerated the pricing and commitments on its own deal.

Czech telcoms firm Ceska Telekomunikacni Infrastruktura (CETIN) attempted to throw off any emerging markets tag it bears on Tuesday, printing a €625m trade after a long marketing period tailored to investment grade funds in western Europe, according to two bankers on the deal.

Wavin Duta Jaya, one of Indonesia’s largest makers of PVC pipes, is looking to list next year, having hired a trio of bookrunners for the transaction.

Asia’s debt capital markets opened with a bang on Wednesday with five issuers fighting for attention. Investors have plenty of choice including a euro deal and a trio of dollar offerings from Chinese FIG and corporate names.

After several weeks of discussions with investors Ceska Telekomunikacni Infrastruktura (CETIN) finally hit the screens with a new bond on Tuesday – though it had to sweeten the deal with a coupon step-up – and had pulled in over €1.4bn of orders by mid-morning.

Citi and Goldman Sachs executed a clean-up trade for SK Telecom in South Korea’s Posco on Monday, with the club deal raising W307.9bn ($261.9m).

Laurus Labs is raising as much as Rp13.6bn ($198m) from an IPO in India which will open books early next month, after setting the terms of the transaction.

Severn Trent issued the first corporate deal for a month into the sterling market bond market on Monday as it tapped investors for a 15 year transaction.

After almost two years away from the market, Thomas Cook opened a three day roadshow on Tuesday for a new euro deal, which will redeem its only sterling bond and portions of its 2020 euro notes.

An A$500m ($380m) five year facility to support Philippine company Universal Robina Corp’s (URC) acquisition of Snack Brands Australia has attracted commitments from about 15 banks.

Whether PDVSA bondholders choose to believe JP Morgan’s EM research team, or if they agree with the Venezuelan company’s CEO that the US bank is an “enemy of the fatherland”, they cannot have had a particularly reassuring run-up to Thanksgiving, after the borrower’s coupon payments went missing. Oliver West reports.

Saudi Arabia’s International Co for Water and Power Projects (ACWA Power) is lining up the first corporate bond from the country since the sovereign’s $17.5bn debt sale in October. But ACWA’s “complicated” bond has left some investors perplexed and planning to sit out the trade. However, the bookrunners say there are decent anchor orders to support the book nonetheless, writes Virginia Furness.