Deutsche Bank

San Miguel Corporation’s Global Power Holdings opened books on a new hybrid bond on Tuesday morning, with guidance on the perpetual non call 5.5 bond set at 7.625% area. Bankers have indicated that the borrower is looking to do a benchmark size transaction.

Book sizes in LatAm bonds have subsided from pre-Easter highs but Chilean woodboard producer Masisa showed that the high yield market is still open for new borrowers as the market tightened again on Monday after a poor end to last week.

Great interest in Europe’s bond markets surrounds the possibility of an issue by Apple in European currencies, as part of a whopper fundraising planned this year.

It's what the FIG market has been waiting for — Deutsche Bank is to raise at least €1.5bn equivalent from its debut additional tier one capital deal after a roadshow.

Flint Group, which makes products and supplies for the printing and packaging industries, has set an original issue discount of 99.50 on its €1.55bn-equivalent debt package as Thursday’s commitment deadline for the deal approaches.

German ball bearing maker Schaeffler has issued price guidance for its $2bn-equivalent term loan ‘E’, due to mature in 2020.

Gazprom is meeting investors in Asia on a non-deal roadshow, according to a source close to the company. Deutsche Bank and JP Morgan are understood to be organizing the meetings, but a source familiar with the situation said that it was too soon for a mandate to be considered as confirmed.

Portuguese lender Banco Espírito Santo is set to continue the success of periphery bank deals on Monday, looking to appeal to investors on the hunt for yield with a three year deal.

Brazilian meatpacker Marfrig will buy back $130m of its bonds due 2017 and 2021s after investors tendered far more paper than the maximum amount the company was prepared to repurchase overall.

More robust conditions in the high yield market and an improved situation in Argentina may have contributed to Chilean wood board producer Masisa’s decision to roadshow for a second time in six months, according to investors, with the company expected to try to issue early this week.

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.

Korea Land & Housing is the latest Korean issuer to tap the international markets, launching guidance on a new bond on Monday morning.