Mizuho

A total of 12 banks have participated in the $3bn loan for Tengizchevroil (TCO), the Kazakh oil field joint venture. Banks could choose from a range of ticket sizes.

Hong Kong Telecommunications (HKT) stood out in what was a very crowded Thursday for the Asia ex-Japan dollar bond market, pricing the region’s tightest triple B rated 10 year bond.

The Asian debt market has followed up strongly on Bank of China’s successful $3bn green bond, with five deals launched on Thursday and more expected.

Turk Eximbank, which sent out invitations for a €300m ($337m) equivalent loan in early June, has extended the deadline for responses, according to a source.

Kuwait’s Equate bargained hard on the terms of its latest $5bn bridge loan refinancing, bankers said, and the syndicate for the latest loan shrunk as some lenders passed on the deal.

Refresco Gerber, the Dutch drinks bottling company, lost one bank and added two new ones to its syndicate in its €872m refinancing which saw strong demand, the firm said.

The UK’s shock decision to leave the European Union has left most of Asia reeling with the region’s major currencies and stock indices all coming under severe pressure. But if there is one country that can handle the negativity better than the others, it will be China.

Indonesian motorcycle credit company Federal International Finance (FIF) has roped in nine lenders to supply a $200m three year loan on a club basis.

A slump in high-grade issuance has prompted fears of a prolonged slowdown in US corporate bond supply, with borrowers shelving their funding plans until the autumn.

Lifestyle International Holdings has returned to the loan market for a HK$8bn ($1bn) fundraising after a gap of nearly five years. The borrower, which operates the well-known Sogo department stores, has opted for a syndication instead of a club deal, with the rarity element of its name helping find to attract interest. Shruti Chaturvedi reports.

Mizuho has hired Christopher Nam for its West coast technology investment banking team, a big part of the bank’s US expansion drive.

A subsidiary of Lifestyle International Holdings, which operates department stores under the Sogo brand, has launched a HK$8bn ($1bn) loan into limited syndication.