Citi

First Gulf Bank priced its $750m bond from a book of $1.7bn on Tuesday afternoon in London, offering a 5bp-10bp new issue premium.

Ivory Coast is marketing a 12 year amortising note. After receiving $4.7bn in orders for its 2024s last year, it has shrugged off a history of defaults.

The Republic of Lebanon has picked three firms to run a Eurodollar benchmark, it’s first deal since it issued a four tranche bond last spring.

First Gulf Bank priced its $750m bond from a book of $1.7bn on Tuesday afternoon in London, offering a 5bp-10bp new issue premium.

Two important policy developments in the Shanghai Free Trade Zone (FTZ) are set to revolutionise the way in which entities based there can raise funds and transfer them.

Wizz Air, the Hungarian budget airline, has received enough interest from investors to complete its €300m London listing, and will close the bookbuild a few hours early, at 10pm on Monday night instead of noon on Tuesday.

First Gulf Bank (FGB), the third largest bank by assets in the UAE, is out with its first dollar bond since 2013. Leads talked the five year bond at 100bp-105bp over mid-swaps on Tuesday morning.

Mansour Nehlawi, a banker in debt syndicate at Citi, is relocating from Hong Kong to London.

Will Weaver’s promotion to run the EMEA debt capital markets business at Citi last week took many by surprise. That was no comment on Weaver’s talents, but on the expectation widely held that top jobs can't go to CEEMEA bankers. After all, they rarely do.

Sadbhav Infrastructure Project, a spin-off of India’s Sadbhav Engineering, is set to begin pre-deal investor education on a $170m IPO early next month.

Korea Hydro & Nuclear Power (KHNP), a subsidiary of Korea Electric Power Corporation (Kepco), has mandated four banks to prepare its return to the offshore debt market which could come as early as in April.

French oil company Total SA has mandated banks for a multi-tranche euro hybrid bond deal, after the drop in oil prices last year put the credit ratings of oil companies under pressure.