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Bank of Communications (BoCom) opened books to a US dollars and euro denominated tier two bond on September 24. If successful, BoCom will become the first Chinese lender to issue an offshore Basel III-compliant tier two instrument without the use of an overseas entity.

Zhejiang Provincial Energy (ZPE) sold the first ever dollar bond from a provincial level Chinese state owned enterprise on Tuesday, September 23. Buoyed by ZPE’s credit strength and Zhejiang province’s strong fiscal position, the three year issue was a hit among investors and sets a solid foundation for the emergence of similar credits in the dollar market.

Vallourec’s bond issue may have gone well today, but for the other corporate issuers in euros and sterling it was a much rougher ride. Accor launched a €150m tap and RCI Banque a £250m sterling three year – but neither managed to tighten pricing from their initial thoughts.

Delachaux, the French industrial company is closing orders today for its €765m loan, which has attracted strong interest and been oversubscribed, according to a banker. The company will make adjustments to the tranche sizes and pricing.

Kuwait's Burgan Bank has announced final guidance for its debut additional tier one (AT1) bond. Bankers on the deal say it will be priced later this afternoon.

China Construction Bank Sydney branch priced its first syndicated dim sum bond on Monday, September 22. The borrower printed Rmb1.3bn ($211.4m) for the three year notes.

Zhejiang Provincial Energy Group Company (ZPE) brought out its debut international deal on Tuesday, opening books for a Reg S three year dollar bond.

South Korea’s Nonghyup Bank made a solid landing with its return to the dollar market on Monday, September 22. The $300m five year issue received strong support from Asian investors and priced slightly inside of the borrower’s outstanding 2018s.

Abengoa, the Spanish renewable energy and engineering firm, announced a roadshow on Monday for a green bond – the first in euros for a high yield issuer.

The National Bank of Oman has mandated banks for its debut international offering and will meet investors this week.

Burgan Bank has finally announced initial price thoughts for its debut Basel III compliant additional tier one (AT1) deal a full two weeks after meeting investors. Bankers away from the trade say it is likely that the Kuwaiti bank was put off coming sooner by Emirates NBD’s deal's poor performance in secondary markets.

China’s Datang Telecom Technology & Industry has brought to market its debut international bond in the shape of a three year dim sum. Books were seen at Rmb2bn ($325m) on Monday afternoon.