Citi

PSA Peugeot Citroën has signed a €3bn dual tranche loan to refinance early a loan maturing in 2015.

Brazilian company Votorantim Cimentos has picked banks for a euro transaction and begins investor meetings across Europe on Thursday.

Pakistan made an impressive return to the bond market on Tuesday night with a $2bn dual trancher that was well received by US investors though received a cooler reception from Asian accounts as the frontier economy ended a seven year exile from the capital markets.

Suhyup Bank, Korea Land and Housing and Japan's Mizuho Bank have launched new deals.

Investors turned up in hordes to take advantage of Oil India’s $1bn debut bond, placing orders of over $8bn for the dual tranche offering. Diversification was a key driver of demand for the credit, which offered a much needed alternative to the surplus of Chinese property bonds.

Romania has picked four banks from its primary dealer list to lead manage a euro-denominated bond, according to two sources away from the deal.

The Democratic Socialist Republic of Sri Lanka priced its second international bond of the year on Monday and closed with the orderbook nine times oversubscribed. With Sri Lankan risk in hot demand, a well timed move by the issuer enabled it to price inside its existing curve.

A loan of up to $1.8bn for Russian telecoms company Vimpelcom has been rushed through signing so quickly that a senior loan banker who had been working on the deal did not know it had been completed.

The Islamic Republic of Pakistan has returned to the dollar market after a seven year hiatus with a Reg S/ 144A dual tranche issue. It is the second sovereign offering out of South Asia this week after Sri Lanka priced a five year bond on Monday night.

Oil India has announced guidance on its debut bond this morning, opting for a dual tranche five and 10 year trade. The issuer joins a raft of recent Indian deals taking advantage of the resurgence in investor appetite for Indian credit, and pricing ahead of the somewhat unpredictable elections.

A rally in bond markets and improved sentiment surrounding Brazilian assets helped BNDES to a well-subscribed $1.5bn dual tranche issue on Monday, with steel company Gerdau expected to bring more supply from the country this week.

A group of five banks are tipped to win the mandate for Perusahaan Gas Negara’s request for proposals for a $1.5bn loan, with the borrower expected to meet the lenders soon to hash out final terms.