Deutsche Bank

MIE Holdings priced a $500m bond on Tuesday night to redeem an existing bond that will be called in May. A substantial anchor presence in the order book built a solid foundation for the 144A/Reg S transaction, which managed to print slightly inside the issuer's existing curve.

Strong demand for a pair of benchmarks, plus Italy’s latest BTP Italia, in what is typically a quiet week in the lead up to Easter holidays, has issuance conditions looking promising for sovereign, supranational and agency borrowers when the market re-opens next week.

Technology firm Tencent has been on a bond investor roadshow after putting in place a $5bn GMTN programme.

Wells Fargo and Macquarie Bank highlighted the demand for floating rate paper on Tuesday, with both banks selling euro denominated FRNs. Syndicate officials away from the deal said that the deals are likely to be the last senior trades from banks ahead of the Easter break.

UBS is bringing on board a hybrid capital specialist from Deutsche Bank in a bid to cement and grow its league table standings in European bank capital issuance.

MIE Holdings was quick to open the books for its third dollar bond, launching a five year non call three on Tuesday, after receiving a strong response from investors.

KT Corporation made a solid landing with its first fixed rate dual tranche transaction on Tuesday night. The issuer printed $1bn and was able to price inside its existing curve despite a less than ideal market backdrop.

Iceland’s Arion Banki is planning to sell the country’s first benchmark euro bond from an Icelandic bank since the crisis, after Allied Irish Banks and Intesa Sanpaolo last week sold benchmark five year transactions that stirred up expectations that other peripheral banks were looking to come to market with longer dated paper.

European investors could be offered a way out of a supply shortage in European RMBS this week with two issuers having mandated for new deals, following a swift transaction from Liberty Financial on Monday.

Dollar regular KT Corporation launched a dual tranche bond on Monday after getting a solid response from investors during its recent roadshow. Although it is the third time that the Korean telecommunications company is selling a dual tranche deal, the new issue will be its first to comprise fixed rate notes.

UK plastic piping firm Polypipe completed a £294m IPO on Friday, and the shares stayed comfortably up in the aftermarket.

BBVA Chile became the first triple-B rated Chilean financial to tap the Swiss franc market on Thursday, illustrating Swiss investors' increasing ease with Latin American financials.