Citi

Philippine consumer food and beverage company Universal Robina Corp’s NZ$742m ($537.57m) loan has been allocated, with ten banks joining the syndication. The loan, which is for the company’s acquisition of New Zealand’s Griffin's Foods, received a good response thanks to the lack of top tier offshore deals out of the Phillipines.

Isolux Corsán, the Spanish energy and construction firm, last night pulled its €600m initial public offering, in the first blow to what has been Europe’s strongest ECM region so far this year.

Bookbuilding will close a day later than scheduled for a Rp12.48bn ($125.49m) block in K-Electric after protests broke out in Karachi, crippling parts of the city.

Egypt is preparing to follow Tunisia’s landmark return to the international bond market as investors shrug off conflict in Syria and the oil price’s collapse to regain appetite for Middle Eastern credits. Underscored by this week’s $1bn deal, confidence in the region has rebounded to levels last seen before the Arab Spring in 2011, writes Virginia Furness

A strong reception to a 10 year Eurobond from Tunisia this week — its first conventional bond since the Arab Spring —is proof that the country is on the right path in terms of financial autonomy, according to bankers.

Bond investors are hoping for a flood of US supply in the coming weeks as companies emerge from earnings blackout following a disappointing start to the year.

Italian oil and gas company Eni shrugged off any concerns around falling oil prices to issue a €1bn 11 year bond on Tuesday that was five times subscribed.

Delhi International Airport (Dial) attracted a strongly oversubscribed book for its international bond market debut. The $288.75m seven year bullet was more than 17 times covered and traded up on January 21.

Indonesia industrials are returning to the dollar bond market, with MAXpower Group and Tower Bersama Infrastructure readying new deals.

A strong reception to a 10 year Eurobond from Tunisia this week — its first conventional bond since the Arab Spring — marks a large step towards Tunisia’s political and economic rehabilitation, said emerging markets bankers.

Delhi International Airport (Dial) attracted a strongly oversubscribed book for its debut in the international bond market. The $288.75m seven year bullet was more than 17 times covered and traded up on Wednesday.

Italian oil and gas company Eni shrugged off any concerns around falling oil prices to issue a €1bn 11 year bond on Tuesday that was five times oversubscribed.