Citi

South Korea’s Nonghyup Bank has selected four banks ahead of $300m Reg S outing in the first half of 2015. The Korean lender is looking to ride the recent bullish tide for Korean financial bonds and is willing to increase the size if demand is strong enough.

India’s Bharat Petroleum Corp (BPCL) has mandated four banks to help with the company’s return to the dollar bond market following a two and a half year absence.

The first quarter numbers of the biggest US investment banks show that the right kind of volatility is back in the market, as divergent central bank policies pushed investors to take a view.

Citigroup’s institutional clients group, which contains the bank's trading and investment banking operations, failed to match year over year improvements posted by many of Citi's other operations.

Solairedirect, the French solar power developer and asset manager, began the bookbuild on Thursday for its Paris IPO, which it hopes will value the company at €375m to €444m, as it seeks to quicken its installation of solar parks.

Some senior unsecured FIG borrowers in euros were met with a less than stellar response from investors this week.

Türkiye Sinai Kalkinma Bankasi (TSKB) sold a $350m five year bond with a 15bp new issue concession on Wednesday. Other Turkish banks are looking for their own issuance opportunities.

Wells Fargo launched its first sterling bond issue in over two years on Wednesday, showing the appeal of euro funding for US banks has faded since January.

Achmea Bank struggled to drum up interest for a euro print on Thursday, with syndicate bankers away from the deal blaming a limited premium and fears over Greece.

Pelabuhan Indonesia II, or Pelindo II, has mandated five banks to arrange a global roadshow ahead of a planned Reg S/144A dollar bond, which will be the Indonesian port operator's debut if it goes ahead with the deal.

Indonesia’s Bumi Serpong Damai (BSD) has met investors ahead of its first outing to the offshore debt market with a five year bond dollar bond.

The Asian IPO market has picked up a notch this week, with Shanghai Haohai Biological Technology opening books for its Hong Kong listing and others across the region also preparing deals.