Deutsche Bank

Constellium, the aluminium products company controlled by Apollo Global Management, priced its €590m high yield bond this afternoon, split equally between euros and dollars.

Bank of Ireland is set to sell its third senior unsecured benchmark since the financial crisis on Wednesday, choosing a three year deal. Meanwhile, La Caixa has drawn a strong response for a euro benchmark senior unsecured of its own.

State Grid Corporation of China launched a triple tranche $3.5bn deal on Monday. While the 10 and 30 year tranches priced inside the curve of China National Offshore Oil Corporation (CNOOC), the deal nonetheless suffered from investor fatigue as the market struggled to digest the $9.5bn already raised by Chinese state owned enterprises this month.

Philippine giant San Miguel Group’s latest bond offering came in the form of a perpetual non-call 5.5 this week from SMC Global Power Holdings. The deal was priced on Tuesday just wide of sister company Petron’s similarly structured perp.

Asia’s top refiner, China Petroleum & Chemical Corporation (Sinopec), has picked Bank of America Merrill Lynch, CICC, Citic Securities and Deutsche Bank to advise on the restructuring of its retail unit, the company announced on April 24.

Doosan Infracore International (DII) and Doosan Holdings Europe (DHEL), part of South Korean conglomerate Doosan Group, are seeking a $1.3bn senior secured term loan from the US market.

Indonesia Infrastructure Finance has obtained the backing of International Finance Corp for its debut fundraising of $200m. It was launched into syndication on the evening of April 24 and features a $50m greenshoe option.

Shrinath Bolloju was appointed Asia Pacific head of trust & securities services and cash management for financial institutions as well as Asia Pacific head of investor services.

Apple brought its long-expected jumbo bond issue to the market today, though even yesterday most bond bankers had no idea of its detailed plans. The $12bn deal was a tremendous hit, of course, garnering a book of about $41.5bn and pricing, on some tranches at least, flat to or even through Apple’s curve.

KfW has become the first issuer to sell Frankfurt-listed renminbi bonds, printing a two year deal on Tuesday in what was seen as the latest step in the city's bid to become Europe’s main centre for renminbi business, with bankers now expecting other issuers to follow KfW’s lead.

Four banks have so far joined Hindustan Petroleum Corp’s $500m syndicated loan, with a number of others still processing their credit approvals.

Korea Land & Housing Corp opted for an innovative 3.25 year tenor for its new bond in a bid to offer investors a pick-up over recent three year paper from Korean SOEs and to stand out in a month that has seen record levels of issuance.