Mizuho

The international arm of Taiwan’s Chailease Finance has exercised the greenshoe option on its three year loan, closing the deal at $137m with ten lenders supplying the funds.

British cigarette maker Imperial Tobacco has secured financing for its $7.1bn acquisition of brands from Reynolds American, and refinanced its existing revolving credit facilities.

Three more lenders have joined the $650m club loan for Indonesian gas distribution company Perusahaan Gas Negara (PGN). Allocations for the fundraising are likely to be issued by this week, said bankers.

India’s state-owned Power Finance Corp (PFC), which launched its $250m five year loan into general syndication on July 11, has received commitments from 12 lenders.

Turkey’s Akbank has signed a $1.5bn-quivalent one year refinancing facility, with a higher margin from its most recent deal despite more banks coming in. The loan marks the start of the year’s second wave of Turkish bank refinancings, with Yapi Kredi and Isbank also in the market.

Philippine oil refining company Petron Corp’s loan that was launched into general at $300m, is likely to increase to $400m after getting a good response.

Vietnam based polyester product manufacturer Formosa Industries, a subsidiary of Taiwanese conglomerate Formosa Plastics Group, has wound up a $110m offshore borrowing with a club of four banks.

South Africa’s Standard Bank is in the market with a $375m three year loan as it looks to refinance debt in smaller size and tighter levels.

IFC Development has wrapped up a HK$10bn ($1.29bn) self-arranged club with 16 banks, doubling its fundraising in a repeat of a financing it signed in 2012.

French supermarket group Casino Guichard-Perrachon made the most of a quiet week in the investment grade bond market when it priced a €900m 12 year bond on Wednesday at 125bp over mid-swaps, needing almost no new issue premium to bring in €2.6bn of orders.

French supermarket group Casino Guichard-Perrachon made the most of a quiet week in the investment grade bond market when it priced a €900m 12 year bond on Wednesday at 125bp over mid-swaps, needing almost no new issue premium to bring in €2.6bn of orders.

The international arm of Taiwan’s Chailease Finance is likely to exercise the greenshoe option on its $120m three year loan, with preliminary indications showing it could go up to $135m.