Citi

Arion Banki, which last year suspended a planned return to the senior unsecured funding market after investor feedback during a roadshow failed to meet the bank’s expectations, has begun roadshowing again for what would be its first benchmark euro bond.

International Bank of Azerbaijan has printed a final size of $67.5m in euro commercial paper from its new $250m ECP programme, and released distribution statistics for the deal.

Bank of Tokyo Mitsubishi UFJ (BTMU) took advantage of a red hot US dollar bond market on February 25 to raise $3bn — more than had been expected — through a triple tranche offering.

Shree Shubham Logistics is planning an IPO this year in India to raise between $60m and $70m, with bankers saying the company’s sector of operation will play a big role in wooing investors.

Abengoa, the Spanish engineering, construction and concessions company, is making a fresh move to cut its debt by reducing its shareholding in Abengoa Yield from 51% to 40%.

Wizz Air, the Hungarian budget airline, traded up on Wednesday as it entered the London Stock Exchange following its second, and this time successful, IPO attempt.

Spain scored its lowest coupon and biggest deal in the 15 year part of the curve on Wednesday, as eurozone periphery sovereigns enjoyed enviable conditions.

Ivory Coast bagged over $4bn of orders for its new Eurobond on Tuesday, with investors taking comfort in the amortising structure which is becoming a feature of the African sovereign market.

Emerging markets telecoms company Digicel reduced its interest rate burden on Tuesday after issuing a new eight year bond to buy back more expensive debt due in 2017.

Bank of Tokyo Mitsubishi UFJ (BTMU) is taking advantage of a rally in US Treasuries to launch what could be a triple tranche dollar offering on February 25.

A European sovereign mandated banks on Tuesday to sell a long dated euro bond, the first benchmark in the currency so far this week.

Lebanon sold its largest ever new issue on Monday, printing an $800m 10 year and $1.4bn 15 year from combined books of $4.9bn.