Citi

In contrast to their evaporating taste for Russian risk, banks’ buoyant appetite for central and eastern European names was underlined this week as Energeticky a Prumyslovy Holding (EPH) launched its largest syndicated loan, writes Michael Turner.

Auckland Council is eyeing the European private placement market as it plans to increase its offshore issuance in its next fiscal year, a funding official told GlobalCapital.

Turkish Finansbank, 77.23% owned by the National Bank of Greece, has picked Citigroup, HSBC, Morgan Stanley and Standard Chartered Bank to run a series of investor calls with international investors on Thursday. A benchmark 144A/Reg S note may follow.

UK investors are likely to determine the pricing on Arion's upcoming euro deal, according to market participants.

China Modern Dairy Holdings has made its debut in the international syndicated loan market with a $200m three year term loan, with bankers on the deal already counting on a solid response from lenders.

Union Bank of India launched its latest bond into a busy market on Tuesday, pricing with a new issue concession to help allay investors' concerns after the heavy sell-off of State Bank of India’s recent bonds.

Samsung Life Insurance was the subject of a sale by four shareholders on Tuesday in a W311.9bn ($300m) block that was well received by investors despite a degree of price sensitivity.

China National Offshore Oil Corporation printed a $4bn triple-tranche bond on Wednesday night with investors flocking to the 10 year portion, which attracted a $9.4bn final order book.

The National Bank of Greece is set to price its five year senior unsecured bond inside where the Greek government’s recently issued five year sovereign bond is trading, as the exuberance of the peripheral recovery story continues.

Colombia’s oil sector could provide a double dose of new issues as pipeline company Ocensa prepares a debut deal that investors expect to be priced just wide of its parent Ecopetrol, which itself has just approved a new international bond issue.

Korean technology and pharmaceutical company Hanwha Chemical Corp priced a $340m GDR trade on the Singapore exchange overnight Wednesday.

Sinochem Hong Kong on Tuesday priced a $500m five year bond inside its existing curve, thanks to a trio of ratings upgrades which enabled the borrower to attract a high quality order book with a strong following by US accounts.