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A sense of relief was palpable across the City on Friday after UK elections delivered a majority for one party — rather than the political deadlock that looked almost certain before the results came in.

Kazkommertsbank (KKB) launched a consent solicitation this week, asking dollar bond holders to let it take on a loan originally given to subsidiary BTA Bank.

It was a case of second time’s a charm for Brightoil Petroleum, with the issuer raising HK$1.30bn ($167.50m) from a top-up placement after its first attempt two months ago flopped.

Indonesian tower company Solusi Tunas Pratama’s latest borrowing has received $185m in commitments. The deal, which will refinance what is left of a bridge it sealed with five banks in December last year, is due to close imminently.

Black Sea Trade and Development Bank (BSTDB) returned to Swiss francs on Thursday for its third international bond market outing.

China Merchants Bank (CMB) New York branch scored an international bond market debut on May 7, receiving strong support from Asian investors but leaving enough money on the table to embrace the price demands of US investors. The borrower is the first of a string of Chinese banks lining up to sell bonds through their US branches.

Hong Kong’s Hsin Chong Construction Group successfully completed its inaugural outing in the bond market, raising $250m with a three year offering on May 7.

PNC Infratech opened bookbuilding on May 8 for its Rp4.9bn ($76m) Indian IPO, getting some early momentum for its trade by putting 30% of the transaction in the hands of anchor investors.

Three banks have sent out invitations for a $300m four year facility for Indian mortgage lender Housing Development Finance Corp. The loan, which was prefunded by the leads, is offering a yield of below 130bp in general syndication.

In this round-up, Hong Kong cross-border RMB trade settlement rises in March, while RMB deposits and RMB clearing volume slip again, a new investment scheme is to be trialled in the Shanghai FTZ and ICBC launches a Lahore branch to boost presence along the Silk Road.

Eco World Development Group raised MR638.35m ($177m) via a placement of shares on the evening of May 7, the final leg of a corporate exercise that has been underway for six months. Executed over a span of just an hour, the block was launched covered by anchor investors thanks to the trade being well flagged.

India’s Reliance Utilities and Power has upped the size of its borrowing to $300m from $225m for the final allocations. The facility saw Middle Eastern, European and Indian lenders come in for the big tickets.