MUFG

Votorantim Cimentos on Thursday morning opened books on the first international Brazilian deal since a Petrobras corruption scandal in November. But the euro denominated reopener struggled in a rotten primary market and was unable to move pricing.

SG loses EM pair - BAML hires Dodman for LM - Mitsubishi DCM banker takes funding role - BNPP hires EM strategist

Brazilian cement company Votorantim Cimentos is planning a euro transaction and has picked banks for a May roadshow.

Bank of Tokyo Mitsubishi UFJ (BTMU) has appointed two to its Asia team focused corporate banking and financial institutions.

Peter Turney has been hired as the head of capital markets funding at Mubadala Development Company, replacing Ali Najafbagy.

Indonesia Eximbank has received a stellar response during syndication for its latest loan, with commitments totalling $792.5m pouring in from 38 lenders so far. A lack of deals from sovereign backed Indonesian borrowers and an overall fall in pricing for such credits propelled the loan to success, said bankers.

Indonesian oil and gas company Pertamina has asked banks to review covenants on a loan it wrapped up in February, as future capital expenditure requirements might make it difficult for it to stick to the existing conditions.

Post-crisis pressure on Western banks and faltering domestic returns are pushing Japanese banks to be increasingly aggressive overseas. Buying up swathes of assets and an energetic hiring spree have helped put Japan's biggest lenders in a position that they have not enjoyed for years, as Peter McGill reports.

UK engineering group Smiths’ second euro bond was 2.3 times oversubscribed on Thursday. The issuer is a rare name in euros, and the deal was preceded by a three day roadshow.

Supranational lender Africa Finance Corp’s Wednesday debut was a “massive exercise in price discovery,” said bankers on the trade. But one that ended with the right spread and an increased deal size on the back of strong demand.

Hindustan Petroleum Corp’s (HPCL) $400m 39 month facility has attracted two to three commitments so far, said bankers.

Indonesia Eximbank has received commitments from 17 banks for its $750m dual trancher. A whopping 30 more lenders have expressed an interest in the loan, said a banker on the trade.