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Oversea-Chinese Banking Corporation (OCBC) has started taking orders for a benchmark-sized Basel III compliant additional tier one (AT1) offering.

Syndication has closed for a $1.5bn portion of a $1.93bn financing for the acquisition of Dutch company Philips’ LED component and automotive lighting business.The deal became a talking point among bankers, as it featured very low amortisation and a seven year tenor, which was considered aggressive by some.

Bank of Communications (BoCom) Financial Leasing and International Container Terminal Services (ICTSI) were back in the offshore bond market on August 18.

Project bond supply could be on the way from Colombia after Goldman Sachs committed to provide $1.2bn in the first leg of financing for the country’s $25bn so-called 4G infrastructure programme.

French trucking group Norbert Dentressangle has repaid €653m of loans, after its acquisition by XPO Logistics, and will also redeem its Euro private placement (EuroPP) notes.

Adler, the German real estate company listed in Frankfurt, intends to issue a €175m mandatory convertible bond to help fund the acquisition of MountainPeak Trading Limited.

Investec has appointed Roger Lee, an equities banker, to its largecap European sales team.

After macroeconomic fears caused a brief spike in equity volatility, earnings season comes to an end.

WoDS Transmission, the company which will operate the offshore transmission system for a wind farm off the coast of England, is set to make its bond market debut this week with a benchmark sterling print.

SSA issuers coming in dollars before the next US payroll data release on September 4 are likely to take a conservative approach — a route already taken by two borrowers this week.

Spain could be set to record its lowest borrowing costs at a 10 year auction since May if its yields hold steady this week, after its levels tumbled in secondaries on Monday.

Swiss-headquartered oil trader Vitol is in talks with banks to refinance credit facilities of up to $7.5bn, according to a banker on the deal, as commodity prices hit record lows.