Loans and High Yield

French car parts provider Autodistribution on Tuesday opened a four day roadshow for fixed and floating rate notes in a deal set to refinance old bonds, including PIKs, and fund its acquisition of Doyen Auto.

Two Chinese banks and one Taiwanese lender have banded together to supply a $630m leveraged buyout financing to support Carlyle’s acquisition of VXI Global Solutions.

Central China Real Estate has extended bookbuilding for its bond by one day after experiencing lukewarm demand. A combination of a volatile market backdrop, the company’s weakened financial performance and overly ambitious price guidance put investors off from committing.

Though the UK referendum in June derailed the advertising firm Exterion Media's bid for a £220m loan, the company has returned and closed the offering, cutting the deal size and ramping up the margin in the process.

UK pub operator Enterprise Inns on Monday printed its new sterling notes at maximum size, winning the minimum coupon that it had promised to investors.

Shanxi Road & Bridge Construction Group printed a three year bond on October 28. The trade is expected to set the pricing benchmark for Local Government Financing Vehicles from the province — which are looking to diversify funding channels by going offshore.

Central China Real Estate is looking to raise dollar funding to mainly refinance Singapore dollar notes sold in 2014.

China’s United Photovoltaics Group is considering selling a new dollar bond and has mandated two leads to run its transaction.

Bohai Capital Holding Co and Suqian Economic Development Corp have picked banks to arrange their respective international bonds.

Mortgage lender Together on Friday accelerated the pricing of its PIK bond in a sterling market still cautious after last week’s cancellation but geared with a new offering from betting house Ladbrokes.

US glass container manufacturer OI on Thursday added its deal, a loan-to-bond refinancing, to a high yield market scoreboard already loaded with another seven offerings.

Interoute, the UK data networks and centres company, has scheduled bank meetings for Monday in London for a €250m seven year term loan ‘B’, to refinance floating rate notes issued last year. Exterion Media has also closed a £150m div recap loan.