Deutsche Bank

Kloeckner Pentaplast, the German plastic film maker, has accelerated syndication on its €831m-equivalent loan in euros and dollars, designed to refinance debt and pay its shareholders a dividend.

Indonesia’s Sumber Alfaria Trijaya has raised Rph1.54tr ($119m) from a combination of a top-up placement and a one-on-one subscription of shares, as part of a non pre-emptive offering that the company is contemplating.

Standard Chartered plans to be a regular face in the dollar senior market as a result of Total Loss Absorbing Capacity (TLAC) regulation, after making a rare appearance this week with its first four tranche dollar trade.

Changing investor attitudes towards contractual point of non-viability allowed Commonwealth Bank of Australia to draw a solid order book for a euro tier two deal on Wednesday.

The Asian bond market is in full throttle this week with a flush of new issuance from mostly investment grade names. But the high yield sector was not to be outdone with Central China Real Estate printing a red hot $300m bond that was close to 12 times covered.

Panamanian lender Global Bank re-opened its 2019s for a further $150m on Tuesday as bankers said low new issue volumes were creating extremely friendly conditions for borrowers.

Industrial Bank of Korea (IBK) mandated six banks on Wednesday, April 15 to run its first outing to the dollar bond market in almost three years.

Moy Park, the UK poultry producer owned by the Brazilian food group Marfrig, sold a tap of its £200m debut high yield bond at 98.501 to yield 6.55% on Tuesday.

Of Monday night’s two other block trades, besides the sale of shares in Spire Healthcare, one went well and was increased, while the other – in Al Noor Hospitals, was not covered.

RWE, the German electricity and gas company, issued €1.25bn of hybrid bonds on Tuesday, which are expected to partly replace its €1.75bn hybrid issued in 2010 and to be callable in September.

Top Right, the UK information and events group owned by Apax, has allocated its £435m-equivalent refinancing loan with a small change to the deal’s dollar tranche.

Petróleos Mexicanos has tightened price guidance for its dual tranche euro bond as combined books for the seven and 10 year deals hit €5.25bn.