Standard Chartered

Qatar National Bank took $1bn from bond markets on Wednesday as it tapped investors for the second time this year, with just 1% allocated to Gulf Co-operation Council-based investors.

Investors rushed to Indian company Adani Electricity Mumbai's (AEML) bond on Wednesday, flooding the $1bn deal with orders that reached more than $6bn at their peak.

Emirates Global Aluminium (EGA) has raised a $600m syndicated facility, which replaces a number of uncommitted bilateral loans.

Qatar National Bank has tightened price guidance for its second international bond of this year and books are already in excess of 3bn for the $1bn-maximum trade.

The Republic of Ghana printed a $3bn triple trancher on Tuesday from a book that was $14bn at launch, in a deal that included the longest ever bond from sub-Saharan Africa.

The Republic of Ghana has released price guidance for a dollar amortising triple tranche bond, including a deal with a 40 year weighted average life — the longest ever from a sub-Saharan African issuer, according to a lead manager on the note.

Vakifbank printed its $750m 5.25% 2025s on Wednesday from a book that reached higher than $4.3bn at its peak, but the note was seen below re-offer in London’s secondary market on Thursday morning.

The Republic of Ghana is visiting investors in the US and London with a plan to print a dollar benchmark. But the delegation’s rumoured size has led to surprises before the meetings have started.

Turkey's Vakifbank has released initial price guidance for a dollar benchmark, with the intention of printing the deal later on Wednesday.

Three CEEMEA sovereigns — the Kingdom of Saudi Arabia, Romania and Ukraine — joined a market this week gripped with a frenzy of new issues. All three deals went well and drew praise and attention in their own rights.

Samba Financial Group sold its $500m seven year bond on Wednesday from a book of $2.3bn. A syndicate official on the deal said that follow-on demand from the Kingdom of Saudi Arabia triple tranche print on Tuesday helped to propel the deal.

Bahraini investment group Gulf Finance House printed its $300m five year sukuk on Tuesday from a book of more than $750m.