MUFG

Indian mortgage lender Housing Development Finance Corp has hit the market with its $300m five year loan, offering lenders a chance to gain exposure to a rare credit.

Adira Dinamika Multi Finance launched its $200m facility to the market on Friday, February 28, pricing the deal at 175bp over dollar Libor — and managing to save 5bp over its previous loan.

Australian employment website Seek has sealed its loan of A$770m ($692.1m) after strong demand from lenders during syndication allowed it to increase the final deal size from the planned A$565m.

Indonesian company Adira Dinamika Multi Finance has picked four banks to arrange a $200m three year loan, just three months after closing a similar sized facility.

Casino Guichard-Perrachon, the French supermarket group, launched its first bond of the year on Friday, after announcing strong full year results on Tuesday last week.

Housing Development Finance Corp has picked two banks to arrange a $300m five year loan, expected to launch into syndication at the end of next week, in a rare appearance from the borrower.

The boost to Japanese bank profits from Abenomics shows no sign of slowing, with the four largest lenders reporting large rises in profit for the nine months ending December 31, 2013.