JP Morgan

China National Overseas Oil Corporation opened the books for a three tranche transaction on Wednesday morning as the issuer embarks on its annual bond fundraising, joining a number of other Chinese state owned enterprises that have come to the market in recent weeks.

Numericable and its parent company Altice, the French cable group planning to take over mobile phone business SFR, are on the verge of closing the books on Europe's biggest ever high yield bond issue.

Nets, the Danish payment and information services firm, will hold a bank meeting on Thursday to market €1.4bn of buyout loans.

Sinochem launched a five year bond on Tuesday morning as the market reopened on firm ground following the Easter break.

The world’s largest pork producer is restructuring its IPO just hours before pricing is due. WH Group is considering reducing its planned deal size by 50%, with discussions ongoing over whether or not the current price will work at all.

Union Bank of India is set to become latest Indian bank to tap the international bond market and has announced guidance on a new 5.5 year bond. Bankers are confident that the recent sell-off in SBI newest bond will not and that Indian credits remain in favour.

Woori Bank is set to continue the rush of Basel III compliant tier two paper having mandated banks for a transaction which is expected to launch Wednesday.

Zili Shao, head of China at JP Morgan, will step down from running the investment bank’s Chinese business in order to become vice chairman of Asia Pacific – the latest in a series of senior China moves at the bank.

Chinese technology firm Tencent launched its first dual tranche transaction on Tuesday morning. The issue follows the establishment of a new $5bn GMTN programme by the issuer last month and is likely to raise more than $1bn sets its sights on the US investor base.

Brazilian copper company Paranapanema’s decision to wait on a new bond issue should not impede a return of new issue activity to Latin America debt markets on Tuesday, said investors on Monday.

Moroccan phosphate group OCP priced its $1.25bn of 10 year notes at a 5.75% yield on Wednesday evening, through the tight end guidance that had already been crunched to 5.875% area. A $300m 30 year note was also added in the afternoon, which was priced at 7.375% in line with guidance.

The $100m US spin-off of Leju Holdings by Chinese real estate services company E-House is set for more disappointment after bankers on the trade revealed that final pricing is likely to come at the bottom of guidance.