MUFG

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.

Hong Kong listed China Resources Enterprise (CRE) is back in the market for an HK$8bn ($1bn) dual tranche facility to refinance existing debt. The company is expected to wrap up the fundraising as a club loan, with a consortium that will feature most of its relationship lenders.

Allocations are out for Chinese real estate company Franshion Properties’ HK$4bn ($516m) three year dual currency loan that was launched in May to back plans for listing its hotel assets on the Hong Kong Stock Exchange. The deal took a while to close as the borrower’s sector was not a popular one among lenders, said bankers.

Petron ups loan to $475m — PFC closes $250m — UAF gets HK$825m

Philippine oil refining company Petron Corp has closed its fundraising at $475m, higher than the launch size of $300m, with 17 lenders joining during general syndication.

The Kingdom of Bahrain will price its 30 year transaction at a yield of 6% on September 10. The offering is the first dollar bond from the country this year.

The Kingdom of Bahrain was on track to price the first dollar bond from the country this year on Tuesday, having released initial price thoughts for a 30 year bullet bond on Tuesday at low 6%.

The Republic of Turkey is planning to revise price guidance for its Samurai note later on Monday in London, but is not making the new range known until the Tokyo open on Tuesday morning. The deal is expected to be priced next week.

India’s state-owned Power Finance Corp (PFC) has issued allocations for its $250m five year loan that hit general syndication in July.

Chinese state-owned conglomerate Citic has wound up its $1bn dual tranche loan with three banks joining during general syndication.