Mizuho

Indian Oil Corp and Bharat Petroleum Corp have launched their respective borrowings, worth a collective $580m, into general syndication. Both are offering the same base margin, but the latter is being generous with its all-ins for new banks.

Fuji Machine Manufacturing issued a ¥10bn ($89m) convertible bond on Wednesday, selling it outside Japan. Mizuho led the deal, which was priced at the top of the range, eight times oversubscribed.

Two French leveraged loan deals were launched on Wednesday, both of which back leveraged buyouts, as the market claws its way back to issuing primary deals after a sluggish month.

Chinese e-commerce giant Alibaba Group has mandated eight banks to run its $4bn loan, with invitations to be sent out to lenders soon.

Singapore real estate firm Ascendas ventured into the country’s domestic bond market on Monday with a S$100m ($72.8m) offering that was largely driven by reverse enquiry.

Saka Energi Indonesia, the upstream oil and gas arm of state-owned Perusahaan Gas Negara, has signed its $600m loan, finding demand from seven lenders in syndication.

South Korea’s Shinhan Bank has mandated five banks for its bank capital debut in the international bond market.

A group of four banks have launched a $300m three year bullet that marks Santander Consumer Finance’s (SCF) debut in the Asian syndicated loan market.

Mizuho no longer has a head of FIG DCM, after it parted ways with AJ Davidson after just two months.

State Bank of India has picked banks for a fresh $500m fundraising that is expected to launch into syndication in the next couple of weeks.

United Asia Finance has launched a HK$600m ($77m) four year fundraising into syndication. The Sun Hung Kai-backed company is offering a high all-in compared to the sub-100bp being paid by other Hong Kong blue chip names.

China’s first revolving auto ABS successfully priced this week with SAIC-GMAC Automotive Finance bagging Rmb3bn ($456m) from the landmark Rongteng 2016-1 Retail Auto Mortgage Loan Securitization.