Deutsche Bank

Magyar Export-Import Bank has returned to the bond market with a $500m long five year print. But unlike the borrower's last bond excursion, in 2013, the borrower this time chose to proceed without the World Bank's support in the form of a Multilateral Investment Guarantee Agency (Miga) guarantee.

Acquisitions announced on Monday by Siemens, Merck and Arkema marked the continuation of a wave of European investment grade acquisitions, with varied outcomes for syndicated loan financing.

Nigerian oil and gas firm Seven Energy is returning to the bond market after postponing a deal in late July, this time in a stronger position with commitments from two supranationals. It bodes well for a deal that a pack of prospective Africa corporate borrowers will be watching carefully, said bankers on the deal.

UK pub group Enterprise Inns has announced today a 5.75% minimum yield on a new issue of nine year secured bonds that it plans to price on Tuesday, as part of a liability management exercise.

After slipping in the first two days of this week, Alibaba Group’s shares rebounded on Wednesday to close at $90.57 per share. While this is up 3.9% on the previous day, it is still 2% lower than where the Chinese e-commerce company's stock opened on its debut on the New York Stock Exchange last week to become the largest IPO in the US.

Just a month after netting close to $400m by selling some of its stake in Indonesian retailer Matahari Department Store, CVC Capital Partners is back in the equity capital markets — this time aiming to raise $500m-$1bn by offloading a chunk Indonesian media company Link Net.

Magyar Export-Import Bank has returned to the bond market with a $500m new long five year print. But unlike the borrower's last bond excursion in 2013, the borrower this time opted to proceed without the World Bank's support in the form of a Multilateral Investment Guarantee Agency (Miga) guarantee.

A Basel III landmark was notched up this week as Bank of Communications (BoCom) became the first Chinese bank to issue without the use of an overseas entity. But despite the pioneering nature of the tier two deal, the market’s focus remains firmly on upcoming additional tier one (AT1) issuance, with some investors staying clear of BoCom in preparation for the higher yielding deals, writes Rev Hui.

It’s been a week of strong activity in India’s equity capital market, with a raft of public and private issuers gearing up to tap into the positive momentum surrounding Indian names.

Semiconductor Manufacturing International Corporation (SMIC) opened books for its debut international bond on Thursday, September 25. The Chinese company was offering investors a RegS/144A five year dollar issue.

Coal distributor Earth Energy is looking to become the first Thai borrower to issuer an offshore renminbi bond and met investors in Asia during the week of September 22 for a proposed Reg S deal.

China’s Datang Telecom Technology sold its inaugural international bond on Monday September 22. Although forces of nature delayed the launch of the unrated three year offshore renminbi issue, the deal ultimately drew a very warm response from investors.