Deutsche Bank

Deutsche Bank is sounding out lenders for a $100m three year loan for Chinese private hospital group Phoenix Healthcare.

Wednesday would have been the busiest day for European corporate bond issuance since the August break, even without Sanofi’s €3bn stormer.

Europe’s corporate bond market burst into full scale action today, after two weeks of sporadic new issuance. A €3bn deal from Sanofi, the French pharmaceuticals company, was joined by €1bn from Toyota Motor Credit Corp, €500m from property company Foncière des Régions and yet another small deal from Volvo (see separate story).

Dutch business publisher Bureau van Dijk has started the autumn run of leveraged loan deals, launching a €620m loan to back its buyout by EQT.

Telekom Austria, the telephone and internet services provider controlled by Carlos Slim's América Móvil, has launched syndication of a €1bn five year revolving credit facility to refinance its loan due in 2017.

Ukraine has mandated three US banks and one European firm to arrange its next Eurobond, which is expected to be the country's first standalone international bond since the start of the Crimea crisis.

The Republic of Ghana has set dates for a European and US roadshow for its new Reg S/144A Eurobond.

Bookrunners on Korea Development Bank (KDB)’s most recent bond have been scathing about the borrower’s approach to pricing and deal execution. And the complaints look to have a strong basis with the trade selling off aggressively in secondary market trading.

UniCredit looks set to confirm that a sea change is afoot in the additional tier one (AT1) market, as it prepares to print its first euro denominated deal in the format in line with initial price thoughts and with what is likely to be a book smaller than €2bn.

Korea Hydro & Nuclear Power (KHNP) has mandated five banks to arrange a series of fixed income meetings that is scheduled to kick off from September 8.

Haitong International Securities Group started receiving orders for a dollar bond on September 3, nearly a year since it made its international debut with a $900m 2018 paper.

The Coca-Cola Co, the Atlanta-based multinational soft drinks producer, has named bookrunners for a possible euro bond. Unlike some of its related bottling companies, Coca-Cola is a very rare issuer in euros, with no deals outstanding.