Mizuho

Rural Electrification Corp’s (REC) $400m five year fundraising has entered general syndication. The three mandated lead arrangers and bookrunners prefunded the loan in mid-March.

Mizuho has hired five senior bankers from Royal Bank of Scotland’s shrinking US arm after buying the UK-headquartered lender’s loan book.

MarketAxess has announced another four dealers joining its platform to trade European credit, including Mizuho, which is making a fixed income trading push.

Hong Kong has picked banks for the follow-up to its record-setting debut sukuk.

Hong Kong Telecommunications (HKT) wrapped up a stylish return to the dollar bond market on March 30, helped by a large order from a single investor. The high overall demand for a rare Asian telco allowed the new trade to come inside the borrower’s existing dollar curve.

Henderson Land Development has sealed an HK$18bn ($2.32bn) borrowing, its largest ever syndicated loan, with a group of 22 banks.

Hong Kong Telecommunications (HKT) is making its first syndicated bond foray in two years after opening books to a 10 year trade on Monday.

JSW Steel’s $250m loan has wrapped up with several international lenders joining during general syndication. The borrowing, which had Axis Bank as sole lead, helped both the company and the Indian lender establish new coverage and relationships.

Astra Sedaya Finance made its debut in the dollar bond market this week, selling a $300m three year bond on Wednesday. Investors were attracted by the rarity of high grade corporate credit from Indonesia, allowing the issuer to increase the size from $250m.

Quanta Computer subsidiary Quanta International has hit the market for a $750m dual tranche loan after firming up a mandated lead arranger and bookrunner group comprising 18 banks.

An experienced credit trader has left Mizuho in London and is heading to a brokerage firm in Madrid to set up a high yield trading platform.

Anglo American, the London-headquartered South African mining company, has issued a €600m five year bond.