Deutsche Bank

State Grid Corporation of China returned to the market with a multibillion triple-tranche transaction on Monday morning. But despite nearly $10bn having already been absorbed by issues from other major Chinese state owned enterprises this month, bankers said there is still room for State Grid to do a jumbo deal.

Allocations are out for Indonesian company Adira Dinamika Multi Finance’s loan of $300m, which has increased by $100m after strong demand in syndication.

SingTel signed loans worth a chunky S$3.5bn ($2.8bn) via two separate facilities this week, in deals that saw a large number of banks piling in.

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.

China Overseas Land and Investment will be on the road this week and next with a proposed dollar issue. It will be the second transaction for the issuer this year, following a $400m bond in January.

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.

Only two weeks after successfully printing its inaugural government guaranteed senior unsecured bond, Caisse Centrale du Crédit Immobilier de France (3CIF) is looking to go another round.

Investor and issuer price expectations were too far apart on copper producer Paranapanema’s planned debut bond issue, said bankers with knowledge of the deal, which was postponed as Brazilian high yield volumes continue to lag.

PepsiCo, the US soft drinks and snacks group, sold its first bond in a continental European currency for 18 years on Tuesday, with a seven and 12 year euro bond that was capped at €1bn.

Public Power Corp, the largest Greek electricity generator and supplier, is set to return to the bond market with a €500m three and five year deal, as investor appetite for Greece returns strongly.

Constellium, the aluminium products company spun out of Rio Tinto in 2011, has announced a roadshow for a €590m-equivalent high yield bond issue, and also aims to obtain a €120m loan.

The Republic of Latvia picked up a book of mid-€3bn for a €1bn 10 year bond on Thursday, pricing flat to its curve and polishing off its funding requirement for the year.