Mizuho

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.

Korea Gas Corp (KoGas) mandated six banks as the company gears up for a benchmark sized return to the dollar bond market next month.

Singapore Telecommunications (Singtel) raised $500m through a 10 year bond on June 23, pulling off a big coup by not only pricing the deal tightly but also finding an opportune window to execute its trade.

Export-Import Bank of Korea (Kexim) completed its return to dollars in style this week, selling a SEC registered dual tranche deal that drew over $2bn of demand. Amid a high level of volatility due to concerns over Greece, bankers chose a good window for the Korean policy bank, which was able to meet its size and pricing goals.

A trio of investment grade names launched new deals on Tuesday as Asian bond bankers were bolstered by hopes that Greece's latest budget proposals would stave off a debt default and lead to a deal with creditors later this week. But they believe the market is still volatile and as a result only strong high grade names will be able to get deals done.

Indomobil Finance Indonesia has tripled the size of its facility to $300m following rousing demand from banks, with the syndicate group seeing no scaleback in their final holds.