Citi

Romanian electricity distributor Electrica launched the latest deal in Romania’s slow-moving privatisation programme on Friday. It will sell stock in Bucharest and London.

Improved sentiment towards the Chinese property sector and recent ratings upgrades helped Kaisa Group Holdings to attract a whopping $5.6bn order book for its second dollar issue of the year on Thursday.

Singapore listed Frasers Centrepoint Trust raised S$161.5m ($129m) on May 29 through a private placement of 88m new units, the company announce on May 30.

If América Móvil can’t, no one can. That is the message from Latin American DCM bankers and bond buyers as the Mexican telco prepares to bring back local currency issuance to the region with the first reopening of its innovative títulos de crédito extranjero programme in more than a year.

Alstom Auxiliary Components has released price guidance on the two tranches of its €630m-equivalent facility, which will back its purchase from Alstom by private equity fund Triton.

Irish packaging business Smurfit Kappa priced €500m of senior notes to yield 3.25% on Wednesday, as it took advantage of improved performance and credit ratings to reduce its interest payments by redeeming bonds with a 7.75% coupon.

France's Alstom Auxiliary Components has released price guidance on the two tranches of its €630m-equivalent facility, which will back its purchase from Alstom by private equity fund Triton.

Irish packaging business Smurfit Kappa priced €500m of senior notes to yield 3.25% on Wednesday, as it took advantage of improved performance and credit ratings to reduce its interest payments.

Renewed appetite for India following the Bharatiya Janata Party (BJP)’s resounding victory in the country’s recent elections helped Syndicate Bank’s 5.5 year bond to price well inside its existing curve on Wednesday.

Mexican commercial lender Banco Inbursa is likely to price a new 10 year benchmark senior unsecured bond on Thursday after releasing initial price thoughts offering around 25bp pick-up to its larger competitors BBVA Bancomer (A2/A-) and Santander Mexico (A3/BBB+/BBB+).

Indonesian state-owned oil and gas company Pertamina priced the largest single tranche 30 year dollar bond from an Asian corporate issuer in the early hours of May 23. Despite the leads not announcing the deal until 2:30pm HKT the day before, books built well and investor appetite for Indonesian credits drove pricing through the issuer’s existing curve.

Citi’s former head of equity syndicate for Asia Pacific ex Japan, Rupert Mitchell, started work in his new job at Goldman Sachs this week, a spokesperson confirmed.