Citi

The Republic of the Philippines is getting ready to meet investors to provide them an update on recent economic developments and performance.

Citi has boosted its research capabilities in Asia, hiring Liu Li-Gang as chief economist for China.

The City of Paris was forced to widen pricing on a 15 year bond offering on Wednesday, with leads blaming the move on a rally in bonds that followed dovish comments from US Federal Reserve chair Janet Yellen on Tuesday.

Kenya has mandated three banks for a non-deal roadshow and is “expecting” questions around the rumours about alleged misuse of funds from its last Eurobond outing in 2014.

European stocks rallied on Wednesday morning, after the US Federal Reserve’s chairperson, Janet Yellen, struck a dovish note in a speech last night. ECM deal launches did not immediately follow, however.

Issuers have nipped into the euro market after Easter with some canny deals. Meanwhile the dollar market was watching US Federal Reserve chairperson, Janet Yellen, who on Tuesday said that the possibility of further rate hikes was “not a plan set in stone”.

A $300m dual-tranche loan for a subsidiary of palm oil producer Golden-Agri Resources has wrapped up with just two new banks coming in.

Kia Motors Corp is ready to hit the road for a 144A/Reg S bond that could come to the market as early as mid April.

The owner of Forterra, the UK maker of masonry products, intends to sell at least a quarter of the firm’s stock in an all-secondary deal that could fetch about £200m.

French pharmaceuticals company Sanofi revived the zero coupon bond on Tuesday as it returned to the bond market issuing its favoured triple tranche structure.

The City of Paris is set to follow deals from the European Stability Mechanism and SNCF Réseau last week by bringing a trade at the long end of the euro curve.

Equitas Holdings has tweaked plans for its potential Rp20bn ($300.3m) IPO, as it works to become the first small finance bank to go public in India.