MUFG

Panama’s Global Bank eyes Asia liquidity — Indo Eximbank in $725m fundraising — Protelindo in bilateral talks

The Export-Import Bank of China (Chexim) attracted high quality non-Chinese bidders for its dual currency, triple tranche offering this week. The response shows that demand remains high for mainland credits despite concerns about the country’s growth.

Japan has unveiled its total loss absorbing capacity (TLAC) framework and in line with expectations has adopted a single point of entry approach with a group’s holding company being the resolution entity.

Indonesian television broadcaster MNC Sky Vision has launched the senior syndication phase of its $275m two tranche borrowing.

Yunnan Provincial Energy Investment Group is on track for its first dollar bond while the Export-Import Bank of China (Chexim) has opted for a dual-currency, triple-tranche offering for its return.

Hong Kong-listed Samsonite International has wrapped up syndication of a $2.425bn loan for its acquisition of premium luggage maker Tumi.

Although the deal has taken longer than planned, the $150m loan for Africa Finance Corporation (AFC) will be increased following strong demand from Chinese banks, according to a banker on the deal.

The Export-Import Bank of China is poised to return to the offshore bond market this week, lining up banks to hold investor calls for a dual-currency, triple-tranche offering.

Mitsubishi UFJ Securities (HK) has hired former Barclays banker Alan Choi as executive director for the capital markets group, effective from April 5.

Eurogrid, the German electricity grid operator, took over €4bn of orders for a 12 year euro bond on Monday, as it took advantage of flattening at the long end of the curve.

Vitol-KazMunaiGas has received more than $3.5bn in commitments from lenders for its prepayment facility loan.

A $465m 21 month refinancing for Hindustan Petroleum Corp (HPCL) has received one commitment since its launch into syndication in mid February.