Deutsche Bank

Tianjin Rail Transit Group (TRT) is set to sound out offshore debt investors for its debut international bond and has mandated banks for the deal.

Numis Securities’ bold block trade in Saga shares on Thursday night has catapulted it into the top 10 in Dealogic’s equity capital markets league table for 2016.

The corporate bond market hosted its second zero coupon deal of the year on Monday, courtesy of Unilever, as the UK-Dutch consumer goods company printed €1.5bn across three tranches of bonds.

Turkey's Dogus Holding is talking to banks about a loan of $400m, according to three bankers. A deal would closely follow one from Borusan Holding, which signed a loan earlier this month that was snubbed by international lenders.

Maybank timed its first Basel III tier two outing in dollars well, netting $500m last Friday. Despite the turmoil surrounding the country, the Malaysian lender was encouraged by the strong performance of the sovereign’s sukuk to come out to the market in the same week.

BOC Aviation has begun investor education for its $2bn IPO in Hong Kong, with pre-marketing expected to continue into the early part of next week, said a source close to the transaction.

PQ Corp, the US inorganic chemicals producer, and Inovyn, the UK-headquartered chorvinyls producer — both partly owned by Ineos, the petrochemicals company — are marketing over $2bn of refinancing debt over the coming days.

Deutsche Bank was left holding 12% of Elis’s stock, worth €225m, after a block trade on the evening of Thursday April 14 that failed to clear.

A 10 year deal from JP Morgan on Friday showed US banks are finding more opportunities for Swiss franc funding than their European peers.

Ping An Real Estate Capital, a subsidiary of Ping An Insurance Group, has received enough commitments to increase the size of its $200m loan, said sources.

A pair of investment grade issuers, Maybank and JD.com, ventured into the dollar bond market on Friday albeit with quite different trades.

Argentina fever has gripped financial markets after the sovereign’s record breaking return to international bond markets this week, with sub-sovereigns likely to be the first to take advantage of the clamour for bonds.