Citi

The first Italian additional tier one capital issue could be very close, as bank capital specialists prepare for the new product's next phase of growth after a two week hiatus.

Peruvian real estate company Portales and Brazilian meatpacker Minerva announced roadshows at the end of last week as LatAm continues to enjoy strong borrowing conditions despite a more hawkish US Federal Reserve.

Export-Import Bank of India, a prolific issuer in offshore bond markets, launched a 5.5 year US dollar offering on Monday, after Asian bond markets appeared firmer.

The government of India raised Rs55.6bn ($911m) on March 21 after selling slightly less than half of its stake in one of the country’s largest private sector lender, Axis Bank.

Robert Snell will join Deutsche Bank as global head of multinational coverage, a new role reporting to Miles Millard, head of capital markets and treasury solutions and co-head of corporate finance.

Pactera Technology International raised $275m for what will be the first LBO financed by a high yield bond with the proceeds used to as part of the financing towards The Blackstone Group buyout of the firm.

Investors should expect a rush of aggressively priced deals from SSA issuers in the coming weeks, according to syndicate bankers. Borrowers emboldened by a strong new issue market are considered likely to throw caution to the wind and turn their eye to securing very attractive levels in lieu of large sizes.

Investors in privately placed MTNs are searching far and wide for yield. Bank issuers from Asia and the eurozone periphery are finding strong demand and will send a spate of notes in the coming weeks, medium term note dealers say.

Central and eastern European sovereigns are poised to follow Hungary’s bold lead by jumping into the international bond markets to take advantage of a spectacular CEEMEA relief rally, writes Steve Gilmore.

Rating: Aaa/AAA/AAA

Rating: Ba1/BB/BB+

Unlike the bruising encounter between their countries’ rugby teams over the weekend, the MTN world’s Irish and French representatives have gone a little bit soft.