MUFG

Reliance Jio Infocomm, the telecoms subsidiary of Indian conglomerate Reliance Industries, opened its $1.5bn dual facility refinancing loan for general syndication on September 19, with a mandated lead arranger and bookrunner group of 15 banks.

Bank of Tokyo Mitsubishi UFJ has lost a senior banker from its loan syndication business in London.

Reliance Industries’ telecom arm Reliance Jio Infocomm launched its $1.5bn dual facility refinancing loan into general syndication on Friday, after cementing a mandated lead arranger and bookrunner group with 15 banks.

The Asian arm of Mercuria Energy Group has launched its $1bn triple tranche revolving loan into general, with a consortium of 10 mandated lead arrangers and bookrunners. The loan features one tranche that has a swingline option and another that comes with a utilisation fee.

Taiwan Cement Corp has sealed its dual tranche loan at $1.07bn, higher than the launch size of $1bn, with 14 banks joining the four original mandated lead arrangers and bookrunners in general syndication.

Reliance Industries’ telecom arm Reliance Jio Infocomm has picked a consortium of 15 banks to lead its $1.5bn refinancing.

The book for the Republic of Turkey’s ¥100bn 10 year Samurai reached ¥120bn before pricing, according to a syndicate official on the deal.

The Republic of Turkey priced its ¥100bn ($933m) 10 year Samurai at 29bp over yen swaps offer on Wednesday. The bond is guaranteed by Japan Bank for International Co-operation (JBIC) which enabled the country to make a substantial saving on where a new dollar or euro bond would have come.

LVMH Moët Hennessy Louis Vuitton has a cachet in the bond market, as in its own field of luxury goods. An A+ rating is rare, and LVMH is an infrequent borrower. It can also rely on the enthusiastic support of French investors.

The Republic of Turkey is set to price a ¥100bn 10 year Samurai at 29bp over yen swaps offer on Wednesday. The deal is backed by the Japan Bank for International Co-operation (JBIC).

Turk Eximbank has returned to the international market for the first time since 2012 and opened guidance on a new seven year bond on Tuesday.

Taiwan Cement Corp’s dual tranche loan was signed on September 4 among 18 lenders at $1.07bn, higher than the launch size of $1bn.