MUFG

Quanta Computer's subsidiary, Quanta International, has picked a group of 19 banks to supply funds for its $700m self arranged loan.

India’s state-owned Power Finance Corp (PFC) is understood to have mandated Bank of Tokyo Mitsubishi UFJ, Mizuho and State Bank of India for its latest fundraising of $450m. The same three banks led PFC’s last loan, which was allocated in September.

AusNet Services, the Australian electricity and gas distributor, issued a €560m 12 year bond on Friday, raising precisely the sum it wanted to swap into Australian dollars. The bond was priced close to the issuer's curve.

Italian electricity company Enel refinanced a €9.4bn credit facility on Thursday and reduced the margin on the loan from 190bp to 80bp over Euribor.

India’s state-owned Power Finance Corp (PFC) is understood to have mandated Bank of Tokyo Mitsubishi UFJ, Mizuho and State Bank of India for its latest fundraising of $450m. The same three led PFC’s last loan, which was allocated in September.

Quanta Computer subsidiary Quanta International has picked a group of 19 banks to supply funds for its $700m self arranged loan.

Gwynt y Môr Ofto has issued a £399m bond to finance its £352m investment in the offshore transmission system for a 576MW windfarm off the north coast of Wales. The deal, which is supported by credit enhancement from the European Investment Bank, was nearly three times oversubscribed.

Tentative allocations are out for Indonesian oil and gas company Pertamina’s five year fundraising. The loan has been closed at a size of $1.747bn, with the dozen banks at the top that prefunded the money managing to sell down as per expectations, said bankers close to the transaction.

UK oil company BP priced a €2.5bn bond on Wednesday, using a tried and tested eight and 12 year format, following the success of a €3.75bn deal by Norwegian rival Statoil on Tuesday. The deal was well received, getting €3bn of orders for each tranche.

Tentative allocations are out for Indonesian oil and gas company Pertamina’s five year fundraising. The loan has been closed at a size of $1.747bn, with the dozen banks at the top that prefunded the money managing to sell down as per expectations, said bankers close to the transaction.

Gwynt-y-Môr Ofto, the company which will run the offshore transmission system for a 576MW windfarm off the north coast of Wales, has mandated banks for a benchmark sterling bond to finance its £352m investment.

Philippine consumer food and beverage company Universal Robina Corp’s NZ$742m ($537.57m) loan has been allocated, with 10 banks joining the syndication. The loan, which is for the company’s acquisition of New Zealand’s Griffin's Foods, received a good response thanks to the lack of top tier offshore deals out of the Philippines.