Standard Chartered

African Export-Import Bank is setting off on a dollar roadshow to market a benchmark, Reg S dollar bond with a tenor of five to seven years.

Lenders to Vakifbank’s Turkish Islamic finance subsidiary got a 90bp reward for financing the smaller specialist financial institution over its parent company, according to bankers close to the transaction.

National Bank of Egypt (NBE) is due to launch a dollar denominated three year loan imminently.

Bank of Communications Hong Kong branch priced two dollar floaters alongside a Hong Kong dollar fixed rate bond on Wednesday, raising close to $1.7bn. A local government financing vehicle from China, Guangzhou Finance Holdings Group Co, wrapped up a $250m maiden bond.

Commercial Bank of Qatar has become the first Qatari bank to mandate for a bond following the successful sovereign return in April, and much is riding on its success.

Standard Chartered managing director and head of Africa DCM James Nelson is returning to London after two years in Dubai.

Turkey’s Vakıf Katılım Bankası has signed its debut syndicated loan, increasing the Sharia-compliant murabaha facility after lenders piled into it.

Kangde Xin Composite Material Group has made its debut in the offshore loan market, launching a $200m three year deal into syndication.

South Korea’s Busan Bank raised Rmb500m ($78.62m) from its first Formosa bond last Friday, taking advantage of the arbitrage opportunity to swap the deal back to dollars.

Indonesian financial services company MNC Investama raised $231m from an exchange and new money offering on Thursday, but the market backdrop and aggressive pricing made it difficult for the firm to add much to the new money portion.

London-listed Ophir Energy has agreed a bridge loan to back its $205m acquisition of southeast Asian assets from Australian oil and gas company Santos.

China’s Kingboard Chemical Holdings has returned to the offshore loan market for a HK$6bn ($764m) borrowing, less than six months after signing its last syndicated transaction.