Citi

Swiss Re drew an almost four times oversubscribed order book for its debut dated dollar sub print on Thursday, with leads pricing the deal inside of initial price thoughts. The deal shows that appetite for sub debt remains robust among investors, even following starkly reduced demand in the market for additional tier one paper for prints from Santander and UniCredit earlier this week.

Providence Equity Partners has raised Rp14.13bn ($233m) by selling a 2.5% stake in India’s Idea Cellular, with the private equity fund timing the deal to take advantage of a recent rally in the stock.

Ukraine has mandated three US banks and one European firm to arrange its next Eurobond, which is expected to be the country's first standalone international bond since the start of the Crimea crisis.

Bank of America and Citi both took to the euro market on Wednesday with self-led trades, looking to price seven and 12 year notes respectively. More US issuers are likely to look at selling euro debt in the coming weeks, drawn by access to longer dated funding and attractive pricing compared to dollars.

Brazilian low cost airline GOL has mandated five banks to arrange a new bond in conjunction with the tender offer for its 7.5% 2017s, 9.25% 2020s and 10.75% 2023s.

Whether it is because investors have full faith in the eurozone periphery recovery story, are desperate for yield or a bit of both, there was little doubt this week that sovereigns in the region will be able to extend their average maturities in the coming months.

Fixed income investors were more than happy to see the return of Bank of Tokyo-Mitsubishi UFJ on September 2, tabling more than $14bn of orders for the $4.5bn five tranche offering. The blowout transaction was the second of the year for BTMU, replicating a structure that worked out well for it six months ago.

Sri Lanka’s National Savings Bank (NSB) made a stellar return to the market on September 2 as its rarity enabled bankers to tighten initial guidance by 35bp and drove pricing well inside where the bank’s debut bond came in 2013.

DIC Asset, the unrated German property company, launched its third bond today, a €125m issue led by Citigroup and Bankhaus Lampe.

The Coca-Cola Co, the Atlanta-based multinational soft drinks producer, has named bookrunners for a possible euro bond. Unlike some of its related bottling companies, Coca-Cola is a very rare issuer in euros, with no deals outstanding.

The Bank of Tokyo-Mitsubishi UFJ (BTMU) is back in the market with its second mammoth multi-tranche offering of the year.

Sri Lanka’s National Savings Bank (NSB) has opened guidance on a new dollar bond which is capped at $250m. Rarity in terms of both credit exposure and deal size should mean that the bond receives plenty of orders, according to bankers.