Deutsche Bank

Tata Steel is back in the market for a $5.6bn loan and with a dozen lenders already on the mandate, sentiment ahead of the launch into general syndication is upbeat. But lesser known Indian corporates should not be holding their breath if they are looking to emulate the deal’s success. Although the country is back in lenders' good books, loan market liquidity is still the preserve of only a few flagship names, writes Shruti Chaturvedi.

Sino-Ocean Land made what one banker called a quasi-debut in the dollar market on Wednesday, pricing a five and 10 year dual trancher. Against a resilient market backdrop, the deal attracted $4.75bn in bids.

The German lender has gone further than its rivals with a new series of measures integrating its corporate and investment bank in EMEA, writes David Rothnie.

Media Nusantara Citra has opened up a $150m three year bullet loan into syndication, signalling the Indonesian company’s return to the market after almost 10 years.

Global Cloud Xchange, a subsidiary of Indian telecommunications company Reliance Communications, unveiled its debut international bond on Thursday. The borrower is the third Indian high yield name to bring out a deal this week, with Greenko Dutch and Tata Steel, and is offering a five year non call two.

Greenko Dutch announced its debut international bond on Wednesday, a dollar five year non-call three. Supported by strong investor appetite for Indian high yield, the issue was already covered by indications of interest when books opened, according to dealers.

Patience, timing, confidence and precision. Brazil’s football team may have lacked these attributes in the recent world cup, but the liability management exercise that the sovereign carried out on Wednesday earned praise for showing these very factors.

The equity capital markets have seen more jumbo deals than any time since 2008 so far in 2014, bringing league table success for the banks that have managed to pick up mandates on the deals for financial institutions.

Media Nusantara Citra has opened up a $150m three year bullet loan into syndication. signalling the Indonesian company’s return to the market after almost 10 years.

Tata Steel announced a 5.5 year and 10 year dollar denominated dual trancher on Wednesday afternoon. The borrower is the second from the Indian high yield arena to open books for a debut dollar deal today, joining renewable energy company Greenko.

Rabobank is set to take to the New Zealand dollar market on Wednesday, capitalising on increasing demand from investors for the high yielding currency. Juicy pick-ups over Australian dollar paper and a lack of supply in the currency in other formats is likely to keep Kiwi dollar buying strong in the coming weeks, according to syndicate bankers.

Greenko Dutch announced its debut international bond, a dollar five year non-call three, on Wednesday. Supported by strong investor appetite for Indian high yield, the issue was already covered by indications of interest when books opened, according to dealers.