MUFG

Genting backed Resorts World Sentosa’s S$2.25bn ($1.648bn) fundraising has attracted commitments from over ten banks, said bankers.

Astra Sedaya Finance made its debut in the dollar bond market this week, selling a $300m three year bond on Wednesday. Investors were attracted by the rarity of high grade corporate credit from Indonesia, allowing the issuer to increase the size from $250m.

Quanta Computer subsidiary Quanta International has hit the market for a $750m dual tranche loan after firming up a mandated lead arranger and bookrunner group comprising 18 banks.

Anglo American, the London-headquartered South African mining company, has issued a €600m five year bond.

Paul Young has started working at Mitsubishi UFJ Securities in the US as the managing director, international head of capital markets, having quit from Citi last December following 28 years at the American bank.

Korea Resources Corporation (KoRes) and Astra Sedaya Finance are gearing up for dollar offerings having mandated banks to run investor meetings.

French luxury goods holding company Kering has issued a €500m seven year bond.

Cairo headquartered African Export-Import Bank (Afreximbank) has requested proposals for an international loan of around $500m, said bankers.

Indonesia’s largest wireless telecom company Telekomunikasi Selular is raising a $150m loan for capital expenditure purposes.

India’s Bharat Petroleum Corp (BPCL) has made a quick return to the syndicated loan market, issuing a fresh request for proposals for a facility of $500m just two months after it mandated a Japanese bank for a fundraising of $100m.

Indonesia Eximbank launched its $750m dual trancher into general syndication on March 16, with seven mandated lead arrangers and bookrunners.

Indonesia’s largest wireless telecom company Telekomunikasi Selular is raising a $150m loan for capital expenditure purposes.