Nomura

French call centre operator Webhelp has tightened the original issue discount on its €120m loan from 99.5 to 99.75, and is due to allocate the deal on Friday.

Barclays has appointed Mitul Kotecha to lead its Asia Pacific FX strategy team in what is a new position for the bank. He relocates from Hong Kong to Singapore and he started his job last week.

Iglo, the UK frozen foods producer and distributor, has adjusted tranche sizes for its €1.2bn refinancing loan and released price guidance for both the term loans and €500m of bonds.

Webhelp, the French call centre operator, has set an original issue discount of 99.5 on its €120m increase to an existing €275m loan.

Peripheral European borrowers are set to benefit from a lack of competing supply and red hot demand this month. Conditions are strong enough this week for Portugal to launch a dollar bond in the tricky 10 year maturity, despite troubles affecting one the country’s leading banks — plus a short benchmark execution window.

German industrial packaging group Mauser has priced the tranches of its $1.6bn acquisition loan at the tight end of guidance and inside it, while keeping covenant-lite terms on all tranches but one.

UK frozen foods producer Iglo has set guidance on the sizes and prices of most tranches of its €1.3bn refinancing loan, which includes covenant-lite portions.

Aluminium manufacturer China Zhongwang Holdings has allocated its $500m three year facility, which saw 14 banks joining in syndication.

Mauser, the German industrial packaging group, has set price guidance on $1.5bn of loans to back its buyout by Clayton Dubilier and Rice.

Around five banks are processing their approvals to join Chinese hotel chain 7 Days Group Holdings’ $300m five year recapitalisation loan in general syndication, after the company brought in six lenders at the top level.

Rating: Aaa/AAA/-

Eurobank on Thursday became the last of Greece’s big four banks to return to the capital markets after the country’s 2010 bailout. While the deal didn’t reach the blowout heights of some of its predecessors, it was received favourably and concluded a strong week of senior issuance that saw Dutch bank ING grab a hefty order book at an aggressive level.