Mizuho

Mizuho has emerged as a frontrunner for National Thermal Power Corp’s $100m loan. The company mandated the Japanese bank for its previous fundraising.

Philippine oil refining company Petron Corp has lined up seven banks to lead its $550m refinancing loan. The deal is likely to go into further syndication sometime in August, according to a source.

Turk Eximbank closed a €500m loan on Tuesday with its novel two-year tranche proving popular with banks.

Hindustan Petroleum Corp (HPCL) has mandated a group of three banks for its latest outing in the offshore syndicated loan market. The request for proposals for the new $200m five year bullet was sent out less than a month after the company wrapped up a separate $400m loan.

Asia’s primary debt capital market was crowded on July 14 as opportunistic issuers rushed out to take advantage of a favourable, but perhaps short, issuance window. Korea Gas Corp (KoGas) was among the throng.

Turk Eximbank will complete its refinancing of €350m of loans today (Tuesday) and will hold a signing ceremony in London at lunchtime.

No sooner had the first tentative signs appeared of an agreement over Greece's debt crisis than the Asia ex-Japan primary debt capital markets finally woke up to some action from a trio of deals.

A syndication for a €600m ($663m) two year financing for China National Chemical Corp (ChemChina) is currently under way. Two French lenders are leading the deal and they have invited a select group of lenders to participate.

Turk Eximbank wants to wrap up €350m of loans in the next week, having set terms for the deal, which comprises one and two year tranches.

Natural gas storage and transportation service provider CIMC Enric Holdings is seeking a $150m loan from the offshore market. The company has chosen one lender to arrange the fundraising, according to a banker away from the trade.

The Tokyo Pro-Bond market has welcomed its first offshore renminbi offering, with Mizuho Bank printing an Rmb250m ($41.1m) trade.

Dutch conveyor belt provider Ammeraal Beltech has bucked the sour mood infecting leveraged finance markets, closing a €300m loan that backs its buyout by Advent International.