JP Morgan

DBS Bank in Singapore has mandated leads for a roadshow to market its first euro-denominated covered bond, and the second from a Singaporean lender in euros.

In one of the busiest days recently for Asian debt capital markets, investors gobbled up $2.2bn worth of issuance on Thursday — all from Chinese names.

State Bank of India has mandated seven firms to arrange a dollar-denominated bank capital additional tier one offering — the first deal of its kind from the south Asian country.

South Korea’s Doosan Bobcat has announced the price range for its IPO, which is expected to raise W2.4tr ($2.2bn) and become the largest listing in the country in six years.

Postal Savings Bank of China will raise up to HK$62.7bn ($8.1bn) via its Hong Kong IPO after setting the price range, putting it on track to be the world’s biggest listing in two years.

Instituto de Crédito Oficial re-entered the dollar syndication market for the first time since 2014 this week, with a deal that bankers said both highlighted the faith investors have in the Spanish recovery story and the sheer depth of demand in the currency.

The dollar market enjoyed another strong week with a group of issuers printing, but borrowers are looking ahead to a new wave of interest from bank treasuries in Asia — and some are reporting that the demand has already arrived.

African Development Bank and Nordic Investment Bank both tapped 2026 Kangaroo bonds this week. But investor interest in the Kangaroo market is diminishing, the supras said.

Thermo Fisher Scientific, the US medical equipment manufacturer, on Wednesday pulled in €6.6bn of orders for a €1.6bn dual tranche transaction backing its acquisition of FEI on Wednesday.

Aluminium Bahrain (Alba) confirmed on Thursday that its loan had doubled in size, while also revealing the pricing.

Israeli plastics manufacturer Keter Plastic has launched its €790m buyout loan package with a bank meeting scheduled for Monday morning in London.

Olam International returned with a $150m tap of its existing notes this week, managing to find strong demand from fund managers despite ending up with only a modest order book.