Mizuho

Tata Power's subsidiary Khopoli Investments is making a quick return to the loan market, mandating six lenders to arrange a $300m refinancing.

International Container Terminal Services (ICTSI) provided a breath of fresh air to Asia’s bond market with its $450m perpetual deal. The lack of issuance this year from Philippine borrowers worked in the company’s favour, but SMC Global Power Holdings Corp’s quick follow-up had to endure a turn of sentiment in the market.

Trio to arrange $500m for SBI — NewOcean Energy returns for $170m — China duo clinch $1.1bn Wuxi take-private loan — Tiphone out for $184m — Kingboard to increase from HK$5bn

State Bank of India has mandated three banks for a new $500m financing, hitting the loan syndication market roughly a year since its previous deal.

Mizuho International has hired an experienced banker in London to head its European flow derivatives business.

San Miguel Corporation’s SMC Global Power Holdings Corp has mandated eight banks as the company hopes to return to the dollar bond market with perpetual subordinated notes.

Philippine oil refining company Petron Corp, which recently mandated seven banks for a $550m refinancing loan, has proposed an amendment related to a $475m facility it sealed in 2014.

Weener Plastik, the German plastic packaging systems provider, has allocated a €250m acquisition loan on the back of heavy oversubscription.

Weener Plastik, the German plastic packaging systems provider, has allocated its €250m acquisition loan on the back of heavy oversubscription.

Electronic components distributor World Peace Group has picked a quartet of banks to lead its latest borrowing of NT$6bn ($195m).

In what was hailed as a momentous, perhaps record breaking, week in high yield finance, Japanese telecoms operator SoftBank took the crown by raising the year’s biggest Asian offshore high yield deal, writes Victor Jimenez.

Tata Steel is looking to reprice a $3.1bn refinancing it sealed in 2014 and has asked banks on that deal for feedback. Although the loan is not performing remarkably in secondary, the company will be able to cut costs thanks to its solid banking relationships, said a source who worked on the 2014 borrowing.