JP Morgan

Romania-based New Europe Property Investments (Nepi) has returned to the international bond markets, releasing initial price thoughts for a 5.25 year euro senior unsecured deal, almost exactly a year after it last tried to tap the market and with a refreshed set of lead managers.

Housing Development Finance Corp (HDFC) has picked five banks to work on India’s first offshore rupee-denominated, or Masala bond, with the deal expected to launch as early as next week.

India's IDBI Bank is looking to issue the second dollar-denominated green bond from the country, taking bids for a five year offering on November 23.

A tiring but positive week for syndicate bankers ended in a flurry of deals on Friday, as four issuers bathed in the ebullient tone of the corporate bond market.

The Republic of Indonesia has picked 10 banks for a 2016 bond panel and mandated four of them to work on a dollar offering that could raise up to $4bn.

Another week, another couple of difficult Middle East deals for the CEEMEA market. Bahrain and International Bank of Qatar hit the sizes they wanted but found that pricing stuck stubbornly at initial price thoughts, with international investors beginning to close up shop for 2015.

Shares in Solvay, the Belgian chemical company, closed at €103.65 on Thursday, up 3.1% since Monday night, after shareholders voted to approve the €1.5bn rights issue to finance its takeover of Cytec Industries, the US maker of advanced materials.

South Korean automaker Kia Motors is looking to make a comeback to the international bond market, having mandated two banks.

Lonmin's $407m rescue rights issue passed its first hurdle on Thursday (November 19), when shareholders voted strongly to approve the deal. Lonmin's shares fell 2.6%, but that was mild by recent standards.

Bahrain took $1.5bn from a dual tranche deal this week. But despite the unusual size of each tranche and the lack of price tightening, rival bankers kept their knives sheathed in recognition of how difficult the Middle East market has become.

Aldi, the German discount supermarket chain, has signed a private club loan for around €600m with six banks. The deal is the company's first syndicated loan, according to bankers.

Public sector borrowers are putting the final touches to their funding programmes for the year amid stable market conditions, but there are few signs that any will pre-fund for 2016 in large size.