HSBC

Smurfit Kappa Group, the Irish packaging group, priced a €250m 10 year high yield bond on Wednesday evening that found solid demand, after announcing higher earnings and revenue for 2014.

Tentative allocations are out for Indonesian oil and gas company Pertamina’s five year fundraising. The loan has been closed at a size of $1.747bn, with the dozen banks at the top that prefunded the money managing to sell down as per expectations, said bankers close to the transaction.

Telecommunication tower operator Solusi Tunas Pratama (STP) is looking to tap the offshore market for the first time, opening books to a $300m bond on February 12.

Argentine quasi-sovereigns are continuing to benefit from investor hopes for a settlement between holdout creditors and the government by issuing cross-border bonds — and are helping to alleviate the country’s dollar shortage in the process.

Telecity, the UK data connectivity provider, has revealed a £600m refinancing loan as part of its results announcement to shareholders this year.

Russian Standard Bank has finally secured investor approval to update its 10.75% 2018 tier two capital notes, after a lengthy process that began in November.

The Republic of Bulgaria has said it is mandating Citigroup, HSBC, Société Générale and UniCredit as “arrangers and dealers” on its €8bn global medium term note programme, according to a release on the country’s Ministry of Finance website. The programme was signed on February 6.

AAG Energy has mandated CICC and HSBC as joint sponsors for its $200m-$300m IPO, marking the coal bed methane producer’s second attempt at a listing in Hong Kong.

Universal Terminals, the oil storage terminal firm which had sought to list as a trust in Singapore last year before pulling its S$1bn ($752.07m) IPO, is planning to woo investors again in the second quarter.

Telefónica Deutschland is in the market for a €250m Schuldschein deal which should close in early March. It is looking for aggressive pricing, said one loans banker.

The Asian high yield market seemed to have finally got going in late January, with a parade of borrowers successfully pricing bonds. But the apparent failure of trades from two southeast Asian credits has taken its toll, shutting the market to further deals. With conditions already difficult, leads should act more responsibly — and say whether the bonds are going ahead or not.

Qatar National Bank has mandated international banks for a $3bn loan, its first dollar facility since 2012.