Mizuho

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.

Korea Resources Corporation (KoRes) and Astra Sedaya Finance are gearing up for dollar offerings having mandated banks to run investor meetings.

Mizuho Bank printed its first dollar issue of the year on Thursday, printing a multi-tranche offering that consisted of the same structure and size of its last outing in September. The Japanese lender took advantage of the cautious market sentiment following Federal Open Market Committee (FOMC) meeting this week to effortlessly bag $2.5bn.

The hot demand in Europe's credit markets has already brought a stream of US investment grade borrowers to issue in euros. This week, four US high yield issuers rated single-B joined the caravan, writes Victor Jimenez.

India’s Bharat Petroleum Corp (BPCL) has made a quick return to the syndicated loan market, issuing a fresh request for proposals for a facility of $500m just two months after it mandated a Japanese bank for a fundraising of $100m.

Indonesia Eximbank launched its $750m dual trancher into general syndication on March 16, with seven mandated lead arrangers and bookrunners.