Citi

Israel has embarked on a US roadshow for a dollar bond, using the same three lead managers as it has done for its last two Eurobonds.

Poland and Chile dived into the market this week, printing the first CEEMEA and Latin America bonds of the year.

China Nonferrous Metal Mining and Vista Land & Lifescapes are meeting investors ahead of their respective dollar offerings, while Hangzhou Hikvision Digital Technology is set to gauge interest in Europe for a euro-denominated deal.

Hotel Lotte could raise as much as $5bn from its IPO, expected as early as March, and land the title of the largest ever listing in South Korea in the process, according to market sources.

The Asia ex-Japan debt capital market was crowded with dollar issuers on January 13, with two investment grade bonds and two high yield notes opening in the morning.

A pair of SSAs are set to bring dollar deals on Wednesday, despite worries over the health of the Chinese economy making life difficult for other issuers in the currency on Tuesday.

The European Financial Stability Facility and Nederlandse Waterschapsbank on Tuesday brought euro benchmarks in five and seven year maturities. Now much more at those tenors is expected.

Spain has opened its funding year with a deal in the upper echelons of record sovereign deal sizes and an enormous book for the third year running. but it's the quality of investor the sovereign attracted this time that was most notable, according to bankers.

Chile has tightened price guidance on the first bond from Latin America this year, a 10 year euro-denominated deal, to 115bp area over mid-swaps.

A $1.775bn loan for ONGC Videsh, the international arm of India’s Oil and Natural Gas Corp, has gone into general syndication, offering incoming banks all-ins below 112bp.

Italian property has been one of the more disappointing sectors in European equity capital markets recently, so it was a welcome change that in a still bare calendar of formally announced IPOs, two of those that have appeared are for Italian real estate investment trusts.

Spain has mandated for its first deal of the year, but the sovereign has taken the rare step of bringing a syndication in the same week as it is holding auctions.