Deutsche Bank

Germany’s HeidelbergCement on Wednesday issued a benchmark high yield bond that was rapidly increased to €750m while its final terms tightened 20bp from initial price talk.

China Three Gorges (CTG) made an impressive return to the bond market on Tuesday with a $1.5bn dual-tranche offering that was well-liked by investors, even though pricing was aggressive.

Indonesian power producer Cikarang Listrindo has narrowed the price range on its up to Rph5.0tr ($366.7m) IPO toward the bottom of guidance, according to a source close to the deal.

China Development Bank has opened books for a dual-currency, triple-tranche offering, four months after the policy bank raised around $2bn from a similarly structured trade.

The City of Buenos Aires lived up to its reputation as the best sub-sovereign credit in Argentina after pricing a new bond just 50bp over where leads believed the sovereign would have sold a new 10 year.

Moody’s cut Deutsche Bank’s debt rating to two notches above junk on Monday, as the German bank continues to fall foul of negative sentiment around its costly restructuring.

The Indian government has shortlisted firms to pitch for leading roles on its sell-downs of National Fertilisers and Rashtriya Chemicals & Fertilisers, according to a notice on the Department of Divestment website.

China Development Bank has mandated leads to work on a dual-currency offering, while the Republic of Indonesia is set for a roadshow ahead of new euro-denominated notes.

China Three Gorges Corp, CCB Leasing and 361 Degrees International are looking to take advantage of a tight window to get their dollar fundraisings out of the way ahead of a speech from Federal Reserve chairwoman Janet Yellen on Friday.

The City of Buenos Aires is set to issue a new 11 year amortiser on Tuesday after announcing initial price thoughts that will make it the tightest of all the recent sub-sovereigns to have issued in Argentina.

US conglomerate the 3M Co visited Europe on Monday for a €1bn dual tranche bond that tapped the long end of the market, an area that experienced some jitters last week.

Cikarang Listrindo could raise Rph6.3 ($464m) from its IPO, thanks to strong demand that has covered a potential 33% increase option, according to a source close to the deal.