Deutsche Bank

Dutch corporate services company Intertrust Group has allocated €837m-equivalent of loans in euros and dollars, but investors in the deal plumped for security - the first lien tranche drew stronger support than the second lien.

Investors are hunting Banca Popolare di Vicenza’s private placements, according to MTN dealers. Demand from overseas investors has increased since the success of its public deal in January.

French mortgage lender Caisse Centrale du Crédit Immobilier de France is set to sell its first government guaranteed benchmark on Tuesday afternoon, a five year bond.

Zambia’s new 10 year dollar bond was trading up in the secondary market on Tuesday after attracting $4.3bn in orders for its $1bn print. Debt bankers on the bond were surprised by the strong reception given Zambia’s financial difficulties, which bodes well for African borrowers with stronger credit metrics.

MetLife is set to sell its third ever Kangaroo bond on Wednesday, a five year print. Bankers away from the deal expect the issuer’s scarcity to encourage a strong bid from investors.

A loan of up to $1.8bn for Russian telecoms company Vimpelcom has been rushed through signing so quickly that a senior loan banker who had been working on the deal did not know it had been completed.

The Republic of Turkey started execution on a nine year euro deal on Tuesday morning, which divided debt bankers between those who thought the starting spread ambitious and those who saw it as cheap.

Export-Import Bank of Korea (Kexim) has announced guidance on a new five year fixed or floating rate Kangaroo bond, marking the issuer’s second visit to the Australian domestic market this year.

Indian company Tata Communications is close to wrapping up its $240m fundraising, with commitments worth $160m already firmed up.

The Islamic Republic of Pakistan has returned to the dollar market after a seven year hiatus with a Reg S/ 144A dual tranche issue. It is the second sovereign offering out of South Asia this week after Sri Lanka priced a five year bond on Monday night.

Oil India has announced guidance on its debut bond this morning, opting for a dual tranche five and 10 year trade. The issuer joins a raft of recent Indian deals taking advantage of the resurgence in investor appetite for Indian credit, and pricing ahead of the somewhat unpredictable elections.

The allocations for Pan-Asia iGate Solutions’ $360m loan have been finalised among the 11 banks that formed the syndicate group.