MUFG

Pricing has been revealed for Indian company Power Finance Corp’s $250m five year fundraising, ahead of its expected launch into syndication this month.

Chilean copper company Codelco has mandated HSBC, Deutsche Bank and Santander to arrange a 10 year euro denominated bond, its debut in the currency. Investor calls are taking place on Tuesday for the deal.

Two Taiwanese lenders and one Hong Kong lender are set to provide the first set of commitments for Chinese real estate company Franshion Properties’ HK$4bn ($516m) loan, which opened to the market in May.

Philippine shopping mall operator SM Prime, which gained six new mandated lead arrangers and bookrunners at the end of May for its $300m loan, is planning to close the deal as a club, thanks to a strong response at the top level.

1MDB sets eyes on $2.5bn — Citic in $1bn pricing talks — Agile out with HK$2.665bn — Delta Dunia spins $150m — REC lights up $100m — Springland shops for $250m — CMB Leasing throws open $150m

Government owned Malaysian strategic development fund 1Malaysia Development Berhad is in the market to raise a $2.5bn loan that will be led by four banks.

Property developers Sino-Ocean Land Holdings and China Resources Land are both tapping lenders for US dollar loans, amidst a flurry of real estate names returning to the debt market.

Petronas subsidiary Malaysia International Shipping Corp (MISC) has received sufficient commitments for its $1.55bn club loan, with eight to 10 banks set to come on board.

Red Eléctrica de España, which runs Spain’s electricity transmission grid, launched a €300m bond on Monday that found strong demand despite its sub-benchmark size and was priced at or through the issuer’s secondary curve.

Property developer China Resources Land, a subsidiary of China Resources Holdings, is seeking a $602m dual tranche four year loan, which was launched to the market last week.

Vitol’s $1.7bn refinancing loan has swelled to $1.87bn, signing up eleven mandated lead arranger and bookrunners for the trade

Indonesia Eximbank is looking to increase the size of its fundraising to close to $800m after receiving a positive response from the market in syndication, according to a banker working on the transaction.