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Tianjin Rail Transit Group (TRT) is set to sound out offshore debt investors for its debut international bond and has mandated banks for the deal.

Bank of the Philippine Islands (BPI) has opened its $250m three year debut syndicated loan to retail lenders after expanding the mandated lead arranger and bookrunner group.

The European Stability Mechanism is set to fill a gap in its maturity curve on Tuesday with its first ever 15 year euro benchmark, while other issuers are expected to follow the supranational with deals in the currency.

The corporate bond market hosted its second zero coupon deal of the year on Monday, courtesy of Unilever, as the UK-Dutch consumer goods company printed €1.5bn across three tranches of bonds.

Finland is to tap £100m of its December 2020s amid signs of confidence in the sterling market as the risk of a British exit from the European Union falls.

Taghleef, the Dubai-based food packaging film maker owned by Al Ghurair Group, has tightened pricing on its €285m-equivalent seven year term loan ‘B’ to a margin of 450bp, offered at 99.

Spanish IT company Amadeus will complete its €500m revolving credit facility later this week with some changes to its bank group, according to a banker familiar with the deal.

Bank Muscat has released initial price thoughts for its benchmark five year bond, equating to a new issue premium of around 35bp.

Maybank timed its first Basel III tier two outing in dollars well, netting $500m last Friday. Despite the turmoil surrounding the country, the Malaysian lender was encouraged by the strong performance of the sovereign’s sukuk to come out to the market in the same week.

Ford Auto Finance (China) returned to the auto ABS market last week with a Rmb2.98bn ($458m) offering that allowed it to cut its funding costs by 30bp.

Oil and gas giant China Petroleum & Chemical Corp (Sinopec) opened books for a 144A/Reg S triple-tranche dollar offering on Monday, taking advantage of a buoyant primary Asian bond market.

PQ Corp, the US inorganic chemicals producer, and Inovyn, the UK-headquartered chorvinyls producer — both partly owned by Ineos, the petrochemicals company — are marketing over $2bn of refinancing debt over the coming days.