MUFG

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.

British Telecommunications broke its long abstinence from the European bond markets on Tuesday, with a €1bn deal that was as enthusiastically received as bankers had long predicted the issuer’s return would be.

Petronas’ subsidiary Malaysia International Shipping Corp (MISC), which approached banks for a loan in March, has increased the size of its fundraising to $1.55bn from the original $700m, opting to arrange the deal on its own as a club.

Geoff Coley, former co-head of FICC at Citi and more recently head of credit products at Gleacher, has joined Mitsubishi UFJ.

India’s Power Finance Corp has mandated three banks for a $250m five year fundraising, which has been in the works since the start of the year.