Citi

China Railway Signal & Communication Corp (CRSC), which helps to develop and control the country's railways industry, is seeking a Hong Kong IPO worth $1.5bn-$2bn in the middle of this year, with confidence already high that the response from the market will be more than positive.

French chemical company Arkema has completed the long term financing of its acquisition of Bostik, with a €700m 10 year senior bond on Tuesday.

SSA bankers lauded Portugal on the timing and execution of a dual tranche benchmark deal on Tuesday, as investors ploughed into the offering. Elsewhere, Spain revealed its syndication plans for 2015 and Italy broke records at the long end of the curve.

The first major block deal out of Asia ex-Japan this year failed to get off the ground after South Korea’s Hyundai Glovis pulled a $1.25bn share sale due to insufficient demand from investors, despite the trade offering a hefty discount.

State-owned coal supplier China Shenhua Energy is making its first foray into the international debt market in style by opening books to an ambitious triple tranche offering on January 13.

Export Import Bank of Korea (Kexim) staged a successful return to the international debt market on Monday, January 12, selling a SEC registered dual tranche deal that drew over $6bn of demand. Amid high levels of volatility seen since the start of the new year, bankers carefully chose a good window for the Korean issuer, who achieved both its size and pricing goals.

Philippine bank Rizal Commercial Banking Corp (RCBC) launched bookbuilding for a five year dollar bond on Monday, January 12, as part of its fund raising exercise under a $1bn MTN programme.

Export Import Bank of Korea (Kexim) was back in the international debt market on January 12, opening books to a SEC-registered dual tranche benchmark transaction that is split between a five year and a 10 year.

Citi’s consumer banking arm has named Gonzalo Luchetti as regional retail bank head for Asia. Luchetti will add the new role to his responsibilities as the global head of wealth management and insurance for the consumer bank.

Delhi International Airport Limited (Dial) is preparing to become one of the first Indian high yield issuers of 2015, after picking banks for a series of roadshows for its maiden dollar deal.

Sumitomo Mitsui Banking Corporation (SMBC) made its return to the offshore debt market on Thursday, January 8, raising a total of $2.25bn through a triple tranche dollar bond that attracted strong demand from investors and allowed bankers to price the deal flat to the borrower’s existing curve.

Republic of Indonesia started 2015 in style on January 8 with a $4bn dual tranche behemoth that was five times subscribed. The overwhelming demand meant the sovereign was able to shave 150bp off its funding costs.