Mizuho

Turk Eximbank took the emerging markets by surprise this week, jumping in early on Monday to print a $500m five year and reopen Turkey primary bonds this year.

Türk Eximbank issued a $500m five year bond on Monday, commanding a $1.09bn book and bringing hope to syndicate officials that more deals from the country may follow.

Turk Eximbank (Turkiye Ihracat Kredi Bankasi) has released initial price thoughts for the first Turkish bond of the year at 425bp area over mid-swaps.

China Development Bank (CDB) reopened a dual-currency transaction on Wednesday, bagging a $2bn equivalent from the euro and dollar tap. With strong demand from onshore investors, the policy lender was able to cut cost while raising more than the size of the original bond.

Mizuho Securities USA, the US investment banking subsidiary of Mizuho Financial Group has expanded its US equity platform with senior hires in equity derivatives and convertibles.

Qatar has signed its $5.5bn five year loan with 13 banks in the syndicate. The six underwriting banks are holding at least $4.2bn of the loan between them, according to a banker on the deal.

Veritas Technologies, the US software firm that Carlyle Group is buying from Symantec, will aim to complete a revised $7.4bn sale next week after failing to secure financing in November.

As part of plans to grow its derivatives business, Mizuho International has begun to clear euro and dollar interest rate trades through LCH.Clearnet’s SwapClear.

Taiwanese conglomerate Formosa Plastics Group has launched a $2.5bn dual tranche loan into syndication.

Medical equipment maker Nipro launched on Wednesday the first of this year’s Japanese convertibles sold outside Japan, and found keen demand, with a seven times oversubscription.

United Asia Finance (UAF) has started approaching banks for a new syndicated loan, as the Sun Hung Kai owned borrower returns to the market after nearly a year.

A $1.775bn loan for ONGC Videsh, the international arm of India’s Oil and Natural Gas Corp, has gone into general syndication, offering incoming banks all-ins below 112bp.