Standard Chartered

China International Capital Corp sealed a highly popular $500m debut bond on Wednesday, ending up eight times covered, despite pricing inside the curve of closest rival Citic Securities.

Tissue paper maker Youyuan International is tapping the loan market for a $120m 3.5 year facility, marking its return after a gap of two years.

Singapore’s army of private bank accounts were spoilt for choice this week with a triple-whammy of bank capital transactions that suited them perfectly — an additional tier one from United Overseas Bank and tier two offerings from Société Générale and National Australia Bank.

Chinese names are continuing their resurgence with State Grid Corp of China returning for a dollar/euro combo while China International Capital Corp (Hong Kong) has opened books for its debut offshore appearance.

United Overseas Bank is set to end an absence of two years from the Singapore dollar bond market, and is taking orders for a Basel III additional tier one capital trade.

Boubyan Bank has printed its $250m perpetual Basel III compliant tier one issue only around 100bp wide of its majority owner, National Bank of Kuwait, with books at pricing in excess of $1.3bn.

Boubyan Bank has launched its tier one sukuk, hitting its size target of $250m and setting final pricing well inside initial price guidance.

Loans for financial institutions continue to flourish in general syndication, with deals for State Bank of India and Malaysia's Maybank progressing smoothly.

India's ONGC Videsh has lined up six lenders for a $1.268bn nine month loan to support its acquisition of a stake in oil fields in Russia.

African Export-Import Bank has mandated six banks for a benchmark dollar bond roadshow that starts on Thursday.

Boubyan Bank, an Islamic bank based in Kuwait, has released initial price thoughts for a $250m perpetual non-call five tier one bond.

Allocations have been issued for a $455.75m loan to support Baring Private Equity Asia’s acquisition of Singapore-based Interplex Holdings.