Citi

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.

Autostrade per L’Italia hit the euro bond market for a long 10 year transaction on Thursday, selling to a euro investor base that is still cool on longer dated maturities.

UBS's former global head of DCM and client solutions has landed a new role at Citi, as head of markets and securities for Italy at the US bank.

Four banks will lead the financing for the €533m acquisition of Romanian retail chain Profi, the largest private equity acquisition ever in Romania.

BMW Automotive Finance (China) is looking to squeeze in one last auto loan ABS this year as it prepares to launch its Rmb4bn ($581m) Bavarian Sky China 2016-2 on December 1.

Adecco and ASML won single digit new issue premiums on a positive day in the corporate bond market on Wednesday, but both issuers’ order books dropped when they tightened pricing.

The row over PDVSA’s late coupon payments ran into Tuesday with the Venezuelan state oil giant’s CEO claiming that the company had met with “all of its bond payments”.

Saudi Arabia's International Company 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. The issuer has a tricky market calendar to navigate but plans to print the $1bn deal before year end, and is expected to offer a pick-up over the sovereign.

ICBC London raked in $500m from a new three year floating rate note on Monday, as the strength of its credit helped muster strong buy-side demand.

Steel giant Posco has raised W187.7bn ($159.7m) after offloading its entire position in South Korea’s Shinhan Financial Group, at a time when the benchmark Kospi index has fallen 3.1% in the past month.

Ceská telekomunikacní infrastruktura (CETIN) is planning to issue a five year bond, the second issuer to test the new period of volatility following the election of Donald Trump as US president.

VietJet Air has started seeking investor interest for its potential $200m domestic IPO, according to bankers close to the deal.