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The Bank of Bahrain and Kuwait has mandated three banks to arrange a Reg S dollar benchmark bond after a five year absence from the market.

Shanghai-listed Fuyao Glass started premarketing its $900m IPO in Hong Kong on Tuesday, with bankers touting its size and scale as one of the world’s largest manufacturers of automotive glass.

Hong Kong-listed Xinyi Solar is looking to raise up to HK$1.175bn ($152m) from an overnight top-up placement of shares that launched to the market on the evening of March 10.

Indian company JSW Steel, which hit the syndicated loan market in November 2014 for a $250m five year bullet, has attracted commitments from four lenders in general syndication. One more bank is due to come on board soon.

Just one month on from pricing the year’s first bond from a Chinese developer, Shimao Property Holdings has returned to tap its 2022s for up to $300m, encouraged by the bonds strong secondary market trading.

The European Stability Mechanism will open books on Tuesday on what SSA bankers believe will be the first euro benchmark issuance to carry a negative yield.

Italian telecom company Wind Telecomunicazioni cut down the initial size of the loan portion of a refinancing to €700m, and upped its bond offering.

The euro senior market was off to a quick start on Monday, with Allied Irish Banks and Deutsche Bank opening the market with five and 10 year deals.

Costa Rica is working with supranationals on a new law to give it more flexibility to issue in international capital markets, funding official told GlobalCapital.

Pittsburgh-based glass and industrial coatings company PPG issued a €1.2bn dual tranche euro bond today, its first since 2005.

Noble Group, a supplier of commodities, was expected to send out term sheets to its relationship banks for a borrowing of $3bn on March 6.

Costa Rica paid a new issue premium of over 23bp for a 30 year bond on Thursday but bankers on and off the deal said it was not cheap by recent standards.