Mizuho

The Republic of the Philippines took advantage of Japanese investors’ hunger for yield with a tightly priced four-tranche ¥92bn ($863.4m) Samurai bond.

The Philippines’ Aboitiz Power Corp has found support from a group of 22 banks for a $300m loan that will finance its acquisition of AC Energy’s thermal power company.

Lloyds Banking Group has returned to the Aussie dollar market for the first time since May 2018, offering investors the chance to invest in two tranches of senior debt at the operating company level. The issuer follows a wave of European and UK financial institutions making their way down under.

Hungarian gas and oil company MOL has extended part of an existing €555m revolving credit facility by one year, in what is one of the few sparks of activity in the country's syndicated loan market so far this year.

South Korea’s sustainable financing efforts were given a boost this week, after Lotte Property and Development Co sold a $300m bond.

Temasek Holdings-backed Fullerton India Credit Company has invited banks to join a $250m debut borrowing.

As core markets in the northern hemisphere begin to cool, SSA issuers are looking towards an Australian dollar sector unaffected by the summer close.

An infrequent FIG issuer returned to the medium term note (MTN) market this week to place the second of a pair of identical floating rate notes (FRN) this month. While on Wednesday, another bank brought back a structure that has rarely been seen since the financial crisis, according to one banker.

Slava Slavinskiy is joining Mizuho International as head of investment banking for Europe, the Middle East and Africa.

Agricultural Bank of China’s Hong Kong branch raised $1bn from a single tranche floating rate note on Tuesday, pricing the deal tighter than its large Chinese state-owned banking peers.

China’s JIC Leasing Co priced a tight $500m bond on the back of strong support from the lead managers, after launching the transaction on a weak day for Asian capital markets.

A busy day for bond issuance from Chinese property companies offered investors a dash of variety, as investment grade rated China Jinmao Holdings Group vied for attention amid a slew of deals from high yield credits including Kaisa Group Holdings.