Citi

A trio of issuers have lined up short end dollar deals for pricing on Wednesday. Some bankers said the focus on threes and fives was in response to poor US jobs data last week, although that view was not universal.

Eskom, the South African state-owned electricity firm, is arranging a syndicated loan with a guarantee from African Development Bank (AfDB), and the deal could be as large as $1bn, said one banker this week.

Abu Dhabi National Energy Company (Taqa) is embarking on a roadshow for a new dollar senior unsecured bond through six banks.

Hotel Lotte Co has sliced the potential money it can raise from its IPO to W5.3tr ($4.6bn), a cut of more than W400bn, and pushed back the deal to now launch in mid-July, according to an updated prospectus filed with the South Korean regulator.

Commercial Bank of Qatar shrugged off signs of fatigue after $24bn of GCC supply this year to print a $750m five year on Monday.

Industrial conglomerate Cosan will be hoping market conditions do not turn against it for a third time after it launched a tender offer and announced investor meetings ahead of a possible new bond.

Tianjin Infrastructure Construction (TJII), China State Construction Engineering Corporation Limited and ICBC’s Dubai branch are out in the dollar bond market on Tuesday with their respective fundraisings.

Citigroup has hired an equity capital markets banker from Deutsche Bank to help its business in the German-speaking region.

Dong Energy has narrowed the price range for its IPO, cutting off the bottom end of the range, after a banker on it said: “it’s about as strong an IPO as we’ve seen in a long time”.

Air Liquide began the first stage of refinancing a €12bn bridge loan backing its acquisition of US competitor Airgas by issuing a €3bn five tranche bond on Monday.

Ukraine and the US have signed an agreement for a further $1bn of loan warranties to be used on a five year Eurobond issue.

Hotel Lotte Co has delayed the launch of its IPO, which could raise W5.7tr ($4.9bn), as it needs to file more documentation for the deal, it said on Friday — but the setback came just after the issuer’s offices were raided last week on accusations of bribery, according to sources close to the situation.