Citi

Tencent Holdings has received enough commitments to more than double its $1.5bn loan as liquidity continues to pour in for names in the Chinese technology sector, said sources close to the trade.

BOC Aviation has already covered books for its HK$8.7bn ($1.1bn) IPO, having started the roadshow on Monday morning, said a source familiar with the matter.

South Korea’s Hotel Lotte Co, which is planning a $3bn-$5bn listing, could start bookbuilding on Friday, according to a source close to the deal.

Indonesia’s Cikarang Listrindo has kicked off bookbuilding for its IPO, which could raise up to $357m, with the deal already covered by anchor investors, said a source close to the deal.

Spanish property developer Metrovacesa on Friday printed a €700m deal, winning a healthy order book that proved the European corporate bond market still has legs despite heavy supply.

Parag Milk Foods has priced its Rp7.4bn ($110.8m) Indian IPO at the bottom of revised guidance after having to extend the subscription period by three days to fill a gap in the institutional investor portion of the deal.

Promoters of the Indian automaker Eicher Motors have raised Rp20.9bn ($313.1m) after selling a block of shares in a club deal.

Lat Am bankers said that Aeropuerto Internacional de Tocumen, the operator of Panama City airport, should be relieved after approaching the market with a $500m bond offering just a day after cancelling the settlement of a deal it sold last week.

Bankers said that Argentina’s grand capital markets plan was functioning perfectly after Mendoza became the second province to tap international capital markets since the sovereign raised $16.5bn in April.

Turkiye IS Bankasi is offering investors in its disqualified tier two bond 50bp to agree to add Basel III compliant features to the documentation.

Spain made a storming entrance to the 50 year benchmark club this week, lending weight to the possibility that the tenor could become a more common maturity as eurozone rates scrape along at record low levels.

The first publicly sold green bond from the CEEMEA region received such a strong reception this week that other borrowers may now take a closer look at the product, despite the EM pipeline for this kind of deal being bare. Francesca Young reports.