ANZ

China Water Affairs has closed a $300m loan launched last November, with 16 participants joining the deal in syndication.

Euro covered bonds issued by ANZ New Zealand, Caffil and National Bank of Canada on Tuesday provided “the least worst option” in a spread widening environment, said bankers.

Qatar’s Doha Bank has closed a $525m unsecured facility as lenders demonstrated healthy appetite for the small and politically isolated Gulf country.

Chia jumps to CLSA for new ECM job — ANZ brings back levfin banker – Head of ECM leaves HDFC — Citi hires from HSBC for Thailand CIB

UK-listed Ophir Energy has amended and extended its reserves-based lending facility, as a surge of end of year deals continue to work their way through the market.

The Republic of Indonesia seized an opportunistic window after the G20 summit to raise $3bn in its annual dollar funding exercise. While the issuer’s timing was impeccable, it was still forced to pay a double-digit premium to attract cautious investors. Morgan Davis reports.

Policy lender China Development Bank printed a dual-currency, three-tranche transaction on Tuesday, raising $2.4bn-equivalent. While it paid just a couple of basis points of new issue premium for the dollar bonds amid a short-lived market rally, demand for the euro portion exceeded expectations.

The Republic of Indonesia managed to raise $3bn across three tranches of notes in its annual dollar funding exercise, but paid a double-digit premium to attract investors cautious about the sovereign credit.

Thai hotel operator Minor International had to get creative with its debut $300m bond, owing to its lack of rating and inaugural status. It looked abroad for inspiration, ultimately opting for a South Korean-inspired structure. Morgan Davis reports.

Mercuria Energy Group bagged a bigger-than-expected $1.35bn from its latest annual revolver in Asia, after 36 banks joined the deal.

ANZ is relocating a senior leveraged and acquisition finance banker and former head of Asia loan syndications from Singapore to Sydney.

With covered bond spreads likely to go wider, ANZ’s decision to take as much size from the market as possible was logical. The short and rare four year tenor was instrumental in boosting appeal for the bond issue, but it also helped that the issuer took the trouble to engage with investors with a roadshow beforehand.