Mizuho

Telefónica returned to the hybrid capital market on Monday, six months after its €1.75bn transaction in September, to sell another deal of the same size.

Capital raising by Japanese banks has burst into life over the past week as the first two lenders to raise Basel III debt made their tier two debuts. And thanks to Japan's favourable point of non-viability (PONV) regime, the pair managed to secure blink-and-you’ll-miss-it premiums over legacy bonds.

Telefónica returned to the hybrid capital market on Monday, six months after its €1.75bn transaction in September, to sell another deal of the same size.

Advent International, Danish pension fund ATP and Bain Capital have agreed the latest leveraged buyout in Europe. The consortium is buying Nets, a Danish provider of payments, information and digital identity solutions, for Dkr17bn (€2.3bn) with leverage of seven times Ebitda.

Mizuho printed the first ever Basel III compliant offering by a Japanese bank on Thursday raising $1.5bn in one of Asia Pacific’s biggest bank capital offerings under the new regime. The borrower even managed to price the bond to flat to its Basel II curve thanks to the country’s investor friendly PONV regime.

Mizuho launched the first ever Basel III compliant offering by a Japanese bank on Thursday, with initial price thoughts driven mainly by investor feedback.

China Resources Power Holdings has upped its loan to HK$7.8bn ($1bn) from the original HK$6.4bn, with strong interest from Taiwanese lenders pushing the deal forward.

SIHL taps lenders for HK$4bn — Lenovo seeks $1bn acquisition loan

Mizuho Financial Group is readying the first Basel III bond from a Japanese bank as it embarks on a roadshow for the dollar tier two offering.

Taiwan’s Chailease International Finance Corp has closed syndication of its loan after nine banks came on board the deal, allowing the borrower to raise the final loan size marginally to NT$5.05bn ($166m).

Far Eastern Group is expected to formally mandate a group of five banks next week to lead its $400m five year loan, down from the seven that were frontrunners in early January.

Export-Import Bank of Korea (Kexim) printed the second-largest ever Samurai by a Korean issuer on Thursday.