Deutsche Bank

Apax Partners and Bain Capital have made their move for the Portuguese assets of Portugal Telecom today, with a €7.075bn offer buy the assets from Oi.

CNP Assurances benefited from a lack of insurance supply when selling a perpetual tier two deal on Wednesday, setting the stage for other insurers to tap the market over the coming week.

E-commerce firm Alibaba Group, which signed a $3bn revolving facility with four lenders on August 30, has allocated the financing following a limited syndication. The loan, which features looser covenants than Alibaba’s last fundraising, has set a precedent for future financings by the company, as well as for revolving credit facilities in Asia.

Banks are lining up for Pelabuhan Indonesia II’s $1bn loan that opened into general syndication in October. State ownership and its operation in a strategic industry has helped the company get a good response.

Singapore’s Keppel Telecommunications & Transportation started pre-marketing the S$505.4m ($392m) IPO of its real estate investment trust on Tuesday, November 11, with bookbuilding tentatively scheduled for the end of the month.

US pharmacy chain Walgreen completed the bond financing of its acquisition of Alliance Boots on Monday with sterling and euro bonds totalling some €1.5bn. Strong demand for US credits allowed the bonds to be priced tightly, with the euro tranche considerably inside Walgreen's dollar bonds, according to one lead manager.

Books for Poland coal firm, Kompany Weglowa’s bond closed on Friday but with no update as yet on pricing, bankers away from the deal have become curious as to whether the deal has been postponed. But the bond is still live, said a syndicate official on the note.

On Friday Nestlé extended by a year €5bn five year revolving credit facility it had signed in October 2013. The Swiss foods producer also replaced a €5bn-equivalent short term facility with a new facility of €6bn.

The Socialist Republic of Vietnam made a rare appearance in the international debt market on November 6, selling a $1bn 10 year bond that was a blowout with investors. The oversubscription allowed the sovereign to switch large chunks of investors out of costlier existing debt and into the new trade.

Bain Capital has made Rp24.6bn ($400m) by selling a chunk of its shares in India’s Hero MotoCorp in what is one of the largest block trades from the country this year. Strong investor appetite, particularly from long onlys, meant the private equity firm raised almost double its initial target.

Indiabulls Real Estate priced the first offshore property bond out of India on Thursday. A pair of roadshows helped with the price discovery process and the bond raised $175m.

BMO pushes for US mid-cap growth — Deutsche hires JPM clearing head — Serone partner heads to DB