Citi
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Corral Petroleum Holdings, Sweden's largest oil refiner, on Wednesday released double digit price guidance for its $700m-equivalent of payment-in-kind toggle notes, as it meets investors in the US this week.
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Kuoni, the Swiss travel company, and Novacap, the French pharmaceuticals and chemicals firm, set price talk on their loan packages following bank meetings on Thursday morning.
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Abu Dhabi-owned Mubadala will wrap up its $2bn refinancing by the end of May and has achieved roughly the same margin as the loan it refinances, according to two sources.
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A multi-currency loan for Sino Horizon Holdings has been launched into syndication via one bank. But as the facility size is relatively small, not all lenders will be able to get a piece of the deal.
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China Petroleum & Chemical Corp (Sinopec) made a comeback to the bond market this week with a $3bn four-tranche deal. But in a step away from its previous outings, the oil and gas giant opted for price over size.
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Dominican Republic-based power generator AES Dominicana will begin investor meetings on Friday ahead of a proposed dollar denominated 144A/Reg S as Lat Am corporates revelled in strong market conditions.
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Citi returned to the Australian dollar market on Wednesday, raising a A$750m five year dual-tranche Kangaroo that will contribute to the bank's total loss-absorbing capacity (TLAC) requirements.
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The £920m loan for Steinhoff’s bid for Darty remains in place, although the South African firm has been outbid by French retailer Fnac.
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Citi has promoted Christine Lam to the role of country head for China, where she will oversee all of the bank’s businesses and franchise operations in the country.
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Mexican cement company Cemex is looking to buy back up to $400m of senior secured bonds, the latest exercise in liability management.
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Severstal, the steelmaker, reopened the Russian convertible bond market on Tuesday, with what bankers on the deal said was the first issue since 2013.
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Enagás, the Spanish gas transmission and network manager, tapped the European corporate bond market’s taste for 12 year risk on Tuesday with a €750m transaction that was over four times oversubscribed.