Deutsche Bank

UK challenger bank Virgin Money Holdings is set to return to the additional tier one (AT1) market, as it looks to entice investors during a quiet week for new issuance.

Central China Real Estate has extended bookbuilding for its bond by one day after experiencing lukewarm demand. A combination of a volatile market backdrop, the company’s weakened financial performance and overly ambitious price guidance put investors off from committing.

Wuhan Metro Group and Jiangsu Zhongguancun are the latest Chinese corporates to launch inaugural dollar bonds, while Huishang Bank has issued a mandate for additional tier one, it’s first offshore transaction.

China’s Datang Environment Industry Group Co has launched bookbuilding for a potential HK$2.6bn ($330.1m) listing on the Hong Kong Stock Exchange — its second attempt at floating in the city.

UK pub operator Enterprise Inns on Monday printed its new sterling notes at maximum size, winning the minimum coupon that it had promised to investors.

BNP Paribas will need to erode more of its capital base before it faces regulatory restrictions on additional tier one (AT1) coupon payments in 2017, because of changes to the way in which Pillar 2 capital requirements are calculated.

Lenders in the $260m syndicated loan for Kaz Minerals have agreed to waive the net debt to Ebitda covenant in the deal for another year as lower copper prices weigh on earnings for the Kazakh mining firm.

Central China Real Estate is looking to raise dollar funding to mainly refinance Singapore dollar notes sold in 2014.

Bohai Capital Holding Co and Suqian Economic Development Corp have picked banks to arrange their respective international bonds.

Mortgage lender Together on Friday accelerated the pricing of its PIK bond in a sterling market still cautious after last week’s cancellation but geared with a new offering from betting house Ladbrokes.

US glass container manufacturer OI on Thursday added its deal, a loan-to-bond refinancing, to a high yield market scoreboard already loaded with another seven offerings.

Interoute, the UK data networks and centres company, has scheduled bank meetings for Monday in London for a €250m seven year term loan ‘B’, to refinance floating rate notes issued last year. Exterion Media has also closed a £150m div recap loan.