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ING has seemingly obtained a strong enough investor response for its debut additional tier one to announce the deal before the roadshow has even ended.

JP Morgan is syndicating a €6.8bn loan backing ChemChina’s acquisition of Pirelli and banks have been asked to respond with bids by the end of next week.

Pacific Basin Shipping raised $125m from a convertible bond on April 8, pricing the trade in the middle of guidance. A shadow bookbuild, a recent rally in the company’s stock, and the reluctance of the issuer to push investors too hard on terms ensured a successful outcome.

ABN Amro, a regular in the private placement market where it often sells shorter dated senior debt, took to the longer end of the spectrum with a euro denominated deal that brought in orders exceeding €2.25bn.

Dufry, the Swiss travel retail operator, has launched a term loan of up to €800m to finance its acquisition of World Duty Free. It will mainly be syndicated to relationship banks.

Kenya Pipeline Co is very close to signing a long-awaited loan with banks and is wrapping up final commitments, said bankers involved.

The Republic of Turkey priced its 11 year bond with a minimal new issue premium as the savvy borrower made the best of low supply in the dollar market.

African Export-Import Bank will finalise mandated lead arrangers for a loan of around $500m in the next week or two.

Africa Finance Corp is meeting investors for its inaugural Eurobond.

Turkiye Sinai Kalkinma Bankasi (TSKB) has mandated five banks to arrange a dollar Reg S bond — BNP Paribas, Citi, Commerzbank, ING, and Standard Chartered Bank.

Reserve Bank of India (RBI) governor Raghuram Rajan paved the way for the creation of an expanded offshore rupee bond market this week, announcing plans to allow Indian corporates to tap a sector that has so far seen only sporadic issuance from a handful of international institutions, writes Christina Khouri.

Malakoff, an independent power producer, has attracted 11 domestic cornerstone investors for almost 75% of its MR2.74bn ($744.16m) IPO, in a strong show of support for what is the biggest IPO in Malaysia since 2013.