Deutsche Bank

Chong Hing Bank’s $300m additional tier one (AT1) bank capital issue is attracting plenty of attention from fixed income investors, with bids crossing the $500m mark just 90 minutes after books opened at 9am on September 18.

Industrial and Commercial Bank of China (ICBC) priced its Singapore and Taiwan dual listed offshore renminbi bond on Monday, September 15, with Taiwan investors in particular flocking to the deal.

Indonesian auto company Mitra Pinashika Mustika (MPM) priced its inaugural international bond last Friday, September 12. Offering diversification value and riding on the positive sentiment for Indonesia, the five year non call three issue pulled in an order book that was seven times subscribed.

Magyar Export-Import Bank is meeting investors in Europe and the US for a proposed bond. The Exim bank is returning to the market without a guarantee from the World Bank and bankers away from the trade expect it to be popular with investors.

China’s Datang Telecom Technology & Industry is meeting investors for what could be the borrower’s debut international bond. The state owned company is looking to make a Reg S issue in the dim sum market.

China’s Semiconductor Manufacturing International Corporation (SMIC) is looking to issue its inaugural international bond. The company will be meeting investors for a proposed Reg S/ 144A dollar issue.

Diageo, the UK alcoholic drinks group, was named by research firm CreditSights last week as one of the European consumer goods companies most exposed to risk from the Scottish independence referendum.

LVMH Moët Hennessy Louis Vuitton has a cachet in the bond market, as in its own field of luxury goods. An A+ rating is rare, and LVMH is an infrequent borrower. It can also rely on the enthusiastic support of French investors.

Dutch business publisher Bureau van Dijk has reached the deadline for commitments on its €845m loan, with small changes expected to the tranche sizes and perhaps pricing.

Indian state owned refiner Hindustan Petroleum Corp has launched its $300m loan into general syndication, with the five leads already being joined by one Indian lender at the mandated lead arranger level.

China’s Geely Automobile Holdings is looking to sell its inaugural international bond. The car maker will be kicking off investor meetings this week for a proposed Reg S/144A dollar denominated issue.

China’s Alibaba Group has increased the price range of its New York IPO to $66-$68 after strong investor demand, as the company looks set to become the biggest US listing ever — and possibly the world’s largest IPO.