Citi

Argentine pulp and paper company Celulosa Argentina has announced initial price thoughts of 10% area for a $200m seven year non-call four senior unsecured bond as it eyes a debut cross-border transaction.

Brazilian industrial conglomerate Cosan followed the strategy of its compatriot Petrobras on Monday, tapping recently issued bonds after a strong response to a tender offer.

Citigroup has appointed two bankers to head its strategic equity solutions (SES) business for EMEA, including one it has hired from Bank of America Merrill Lynch.

A total of 12 banks have participated in the $3bn loan for Tengizchevroil (TCO), the Kazakh oil field joint venture. Banks could choose from a range of ticket sizes.

Majid Al Futtaim (MAF) printed a $300m opportunistic tap of its May 2024s on Monday to re-open the Gulf Corporation Council bond market after Ramadan.

Kazakhstani crude oil company Tengizchevroil (TCO) has picked a raft of banks to manage a debt sale that will help to finance a $36.8bn expansion project.

India’s L&T Infotech has kicked off bookbuilding for its up to Rp12.4bn ($184.9m) IPO after placing a third of the offering with anchor investors.

State-owned Korea Gas Corp (KoGas) has gone out with its first international bond outing of the year, launching a dual-trancher dollar trade on Monday morning.

The Sri Lankan government is making a comeback to the bond market, launching a dual-tranche dollar transaction on Monday morning.

Latin American DCM bankers are hoping that Transelec’s blow-out bond issue on Thursday will encourage more investment grade issuers from the region to come to market, saying that deal’s success was in part down to the short supply of triple-B corporates in primary markets.

Citi has named Jason Rekate as its new head of the corporate banking division in Japan.

The Asia ex-Japan additional tier one market could finally be getting some action with Industrial and Commercial Bank of China (Asia) set to go on the road next week for its debut AT1.