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Dell, the US personal computer maker, has closed books on a loan repricing and will increase the deal, although investors put the brakes on a full repricing.

BMW, which recently issued an auto ABS off its European platform, has mandated Citic Securities as the sole lead underwriter for its first auto ABS of the year.

The stunning rise of the A-share market in China is encouraging US-listed Chinese companies to go private, with the aim of seeking better valuations with a subsequent Asian IPO. The Chinese and Hong Kong exchanges are the most likely destinations, writes Rashmi Kumar.

Export-Import Bank of Korea (Kexim) has closed books on three year note, raking in Rmb1.25bn ($201m) from the dim sum offering. The deal, which was driven by reverse enquiry, hit the market on a busy day but managed to raise more than planned.

China National Bluestar, which raised $1bn from its maiden dollar bond last week, has reopened books to the same deal on June 4 as a result of a contractual oversight.

Woori Bank this week became the first non-Chinese bank to print an additional tier one (AT1) bond in Asia ex-Japan. The Korean lender was able to achieve the lowest coupon globally for an AT1 deal but sparked criticism that it was too aggressive with pricing and risked shutting the bank capital pipeline from the country, writes Narae Kim.

CMA CGM, the French container shipping company, has ditched the dollar tranche from its planned €715m-equivalent high yield bond issue and just raised €550m in euros.

Just three months after paring down its ownership in Indian automobile manufacturer Eicher Motors, Swedish truck maker Volvo Group has exited via a Rp17.2bn ($268m) deal that proved popular but was severely hit by slippage.

Debut borrower Beijing Construction Engineering Group (BCEG) came to the offshore bond market for the first time on June 3 as it looked to take full advantage of strong feedback it garnered during a roadshow. Despite the packed pipeline on that day, the Chinese borrower fetched $500m on the back of solid demand.

Egypt opened books on its first public international bond deal in five years on Thursday morning, hoping to reconnect with the capital markets and offer a benchmark for its corporates.

Penn Engineering has achieved almost unanimous approval for the repricing of its $465m loan and aims to allocate the entire facility by today.

Many expect the European economy to perform better this year — not difficult, some might say — but recent spreads movements suggest those in credit markets are sceptical.