Citi

Vattenfall, the Swedish state energy company, has issued €1.65bn equivalent of hybrid bonds in Swedish kronor and euros.

Banco Sabadell may issue up to €2.4bn of new capital if it bids for TSB, the UK bank. But the amount may be as little as €1bn, as TSB has spare capital.

Montenegro is offering an appropriate 25bp premium at price talk for its new five year Eurobond, according to bankers.

Malaysia’s state owned oil and gas company Petroliam Nasional (Petronas) broke records this week when it priced the largest G3 bond from a southeast Asian corporate. Choosing aggressive pricing over a bigger size, the issuer opted to settle for raising $5bn with the four tranche deal, lower than the expected size of $6bn-$7bn, writes Narae Kim.

Bulgaria has finally announced roadshow dates for its new Eurobond. The mandate was first announced on the country's Ministry of Finance’s website in early February.

Dutch insurer NN Group enjoyed a favourable reception for its debut senior print on Wednesday, shaking off any concerns about a weaker secondary market to attract a comfortable oversubscription.

The State Oil Company of the Azerbaijan Republic (Socar) has released price guidance for a 15 year benchmark dollar bond, having completed its roadshow on Tuesday.

Investors are seeing good value in the long dated tranches of a landmark $7bn four tranche bond and sukuk deal from Malaysia’s state oil and gas company Petroliam Nasional (Petronas), which opened books on Wednesday morning. If the issuer gets the trade away at its target size, the deal will be the second largest in dollars from Asia ex Japan.

Malaysia’s state oil company Petroliam Nasional (Petronas) has started taking orders for a four tranche dollar deal split between a five year sukuk alongside seven, 10 and 30 year conventional bonds. An investor said he was expecting a total size of $6bn-$7bn, making the deal potentially the second biggest G3 bond in Asia ex Japan after Alibaba's $8bn deal last year.

Dutch insurer NN group is set to continue a busy run for senior issuance on Wednesday, mandating banks on Tuesday for its debut senior unsecured print.

Millicom International Cellular has released price guidance for a $500m 10 year non-call five note at 6.25% yield area.

Montenegro is looking to extend its curve with a euro bond up to €500m, potentially its largest yet.