MUFG

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.

A consortium of two Japanese banks and one Indian lender has funded a $400m loan to India’s Rural Electrification Corp on March 12.

Finland's Neste Oil has issued a €500m seven year bond after increasing the size in response to investor demand.

Indonesia Eximbank has zeroed in on seven banks to helm its latest $750m dual trancher. The banks are due to sign the mandate sometime next week.

Resorts World at Sentosa has opened a S$2.25bn ($1.648bn) financing into general syndication, with the same five banks leading the new loan as the ones that led its last one.