Deutsche Bank

Numericable, the French cable company, has set price guidance on its €5.6bn-equivalent term loan ‘B’ at a bank meeting brimming with European investors.

Giant Investment pushed the play button on its fundraising this week, launching an $850m loan on Wednesday to back the going-private of New York-listed online game developer Giant Interactive. The deal will shine a light on the comfort level of lenders for gaming credits — and if all goes well it is likely to set a precedent for other names to follow, writes Rashmi Kumar.

Monier has sold its €565m of bonds and loans in floating rate products only. The French roof tile maker priced €315m of high yield FRNs and €250m of term loans and scrapped a fixed rate bond tranche, even though fixed rate interest would have been marginally cheaper.

Korea Eximbank (Kexim) returned to the Kangaroo market on Wednesday, selling its second ever deal in the format. Investors reacted positively to the deal, allowing the leads to price comfortably inside of initial guidance with a healthy oversubscription.

Pakistan returned to the bond market on Tuesday night with a $2bn dual trancher that attracted US investors, as the frontier economy ended a seven year exile from capital markets. The reception from Asian accounts was a little cooler, however.

China tech goes viral – Leju launches $212m IPO – Tuniu hopes for bullish market with $120m US IPO – Malaysia's Kuok sets sail with $334m Posh IPO – Rapid growth key to Ichitan’s $120m IPO – L&T gauges investor appetite for $800m business trust

Greece’s capital market comeback bond will be priced at the tight end of guidance on Thursday after the sovereign drew an extremely large book to the deal.

BBVA Chile is set to become the latest Chilean issuer to tap the Swiss franc market on Thursday afternoon, hoping to benefit from strong demand for Latin American — particularly Chilean — paper from Swiss investors in spite of its weak ratings.

The Lebanese Republic finished an exchange offer coupled with a tap and a new benchmark bond this week. It priced the new bonds with small premiums and secured its highest participation rate ever for an international exchange, said a banker on the deal.

Though it is only the first chunk of Numericable’s debt for the takeover of mobile phone operator SFR, the €5.6bn-equivalent term loan 'B' launched on Wednesday is already breaking post-crisis records.

PSA Peugeot Citroën has signed a €3bn dual tranche loan to refinance early a loan maturing in 2015.

Gulf Keystone Petroleum priced its $250m 2017s on Tuesday with a semi-annual coupon of 13%, the highest interest rate offered from the CEEMEA region since South Africa’s Edcon sold €425m 13.375% 2019s in November.