Mizuho

The bid for Hindustan Petroleum Corp’s (HPCL’s) latest loan has been won by a group of seven banks. The syndication strategy for the refinancing is still being worked out and the deal is in its early days, with the mandate having been decided only last week, said bankers.

Qatar National Bank has mandated international banks for a $3bn loan, its first dollar facility since 2012.

Tentative allocations are out for Indonesian oil and gas company Pertamina’s five year fundraising. The loan has been closed at a size of $1.747bn, with the dozen banks at the top that prefunded the money managing to sell down as per expectations, said bankers close to the transaction.

A consortium of two Japanese banks and one Indian lender is tipped to have won the bid for In Rural Electrification Corp’s (REC) latest request for proposals.

SIG Combibloc has followed Altice's recent example by demonstrating the European market’s keen appetite for large leveraged M&A deals. SIG has tightened pricing on the loans in its €2.8bn deal and replaced some of the deal's bonds with loans.

Philippine consumer food and beverage company Universal Robina Corp’s NZ$742m ($537.57m) loan has been allocated, with 10 banks joining the syndication. The loan, which is for the company’s acquisition of New Zealand’s Griffin's Foods, received a good response thanks to the lack of top tier offshore deals out of the Philippines.

The European high yield market on Tuesday keenly accepted the first triple-C rated deals of the year: a buyout financing bond from Swiss carton maker SIG Combibloc and a refinancing issue for Norske Skog, the paper company.

Air Products and Chemicals priced a €300m 10 year bond on Tuesday - its fourth visit to the euro market, and in a familiar format.

Air Products and Chemicals, the US gases and chemicals producer, held an investor call today for a possible euro bond issue.

United Asia Finance (UAF) has closed its latest fundraising at a higher than launch size of HK$2.859bn ($368.8m). With most Hong Kong blue chips going for the club or self arranged route, the deal stood out, offering banks to join in retail syndication.

Philippine consumer food and beverage company Universal Robina Corp’s NZ$742m ($537.57m) loan has been allocated, with ten banks joining the syndication. The loan, which is for the company’s acquisition of New Zealand’s Griffin's Foods, received a good response thanks to the lack of top tier offshore deals out of the Phillipines.

Teollisuuden Voima, the Finnish nuclear power company, priced a €500m 10 year bond on Thursday, as it brought forward its funding plans to take advantage of a European bond market energised by the prospect of quantitative easing.