Citi

Agricultural Bank of China New York has returned to the offshore bond market, having started bookbuilding for a dual-tranche dollar transaction on Monday morning.

Samsung Biologics, which sent out a request for proposals for its South Korean IPO on April 29, is understood to have invited nine domestic and six international firms to submit bids.

China International Capital Corp (Hong Kong) is gearing up for its first international bond with plans to meet investors next week.

Panama City airport operator Aeropuerto Internacional de Tocumen and AES’s Dominican Republic subsidiary sold well-received dollar bonds on Wednesday as corporate issuance in Latin America continues to pick up. Banco de Bogotá is likely to be the next private sector issuer to tap the market.

The Argentine province of Neuquén raised $235m of bonds this week, pricing at a yield more than 150bp less than where it had talked about a similar deal last September. The province's deal is the first Argentine bond since the sovereign’s blowout return to bond markets last month.

The claims of Corporación Andina de Fomento (CAF) to full SSA status appear to be gaining weight after the Latin American development bank issued a three year dollar benchmark on Wednesday.

Kelvin Leung has left Credit Suisse’s non-Japan Asia equity syndicate desk to pursue other interests, according to a source close to the move.

Indian mortgage lender HDFC is close to signing up lenders for a $375m borrowing, according to two sources.

HDFC Standard Life Insurance Co (HDFC Life) has mandated four houses to run its IPO, which will be India’s first listing by an insurance company.

Two unusual corporate deals from Panamá and Dominican Republic brought variety to the Latin American new issue market on Wednesday as stable conditions extended through the week.

Latin American development bank CAF’s transition from emerging market to SSA issuer is almost complete, said its head of funding, after nearly 40% of demand for its latest dollar deal came from central banks and official institutions.

Barclays has this evening executed a R13bn ($900m) accelerated bookbuild in shares of Barclays Africa Group, its separately listed South African subsidiary, as the first stage in its already announced plan to divest the bank. The trade was covered in 35 minutes and multiple times oversubscribed.