Deutsche Bank

Natasha Isakova has been put at risk of redundancy by Deutsche Bank where she had been working in CEEMEA origination for around a year as a managing director.

Pelabuhan Indonesia II’s $1bn loan that opened into general syndication in October, has attracted commitments worth $1.298bn from 45 banks.

Chinese property is back firmly on the menu this week two companies opened books and a second pair start roadshowing on Monday. Opportunistic borrowers piling into international bonds market to take advantage of the post-rate cut bullish sentiment.

Reliance Communications stated taking orders for a $255m bond on December 1 at a premium to its comparables as the telecom giant tries to navigate its way out of weak market conditions.

BAIC Motor Corp, which has joint ventures with brands such as Mercedes and Hyundai, has stared educating investors about its $1.5bn-$2.0bn Hong Kong IPO that is set to open books on December 8.

Metinvest has received bondholder consent to exchange its $500m 10.25% 2015s after a lengthy approval process – including one amendment to terms and a deadline extension – which began on October 21.

Chinese passenger vehicle manufacturer BAIC Motor Corp is to start tapping investor interest for an up to $1.5bn IPO in Hong Kong on Monday after receiving listing approval.

India’s Hindustan Petroleum Corp has closed its $300m fundraising with commitments worth $225m pouring in from 12 lenders during general syndication. Though it got off to a slow start, the deal gained traction once lenders took into consideration the thinning in pricing for Indian state owned names after it launched.

Siemens Audiology Solutions, the hearing aid maker, has launched a €1.06bn bond and cov-lite loan package that will back its buyout by EQT.

Bank of New Zealand and Rabobank navigated a tricky senior unsecured market for financials this week, selling the only deals of the week on Monday.

After months of spread tightening and an unremitting stream of successful deals, the positive mood in the primary covered bond market finally broke this week. Amid a weakening secondary market, OP Mortgage Bank only just managed to get a deal away and AIB Mortgage Bank became the only covered bond issuer to postpone a deal this year.

The International Capital Markets Association’s secondary bond markets liquidity survey shows the sellside is “surprisingly not as despondent as it could be”, as dealers adapt to the new business environment and revise how they charge for balance sheet. Although liquidity has grown far worse since the crisis, bond traders large and small still have strategies to stay in the business and have adapted to some of the challenges of regulation.