ANZ

ICBC Financial Leasing is on the road to meet investors ahead of plans to sell its first dollar bond of the year.

Oil products storage and distribution firm Puma Energy has increased the size of its latest revolver to $800m from $500m, with 35 lenders making commitments. The company has also managed to extend the maturity on part of a three year facility raised last year.

The Singapore branch of Industrial and Commercial Bank of China has become the lender’s first offshore unit to issue a fixed rate dollar bond this year, raising a larger than expected $800m.

Electrical appliance maker Midea International Corp has approached the syndicated loan market for a $330m fundraising.

Industrial and Commercial Bank of China’s Singapore branch has ventured out to the dollar bond market straight after the end of Labour Day holidays, launching a three year offering on Tuesday.

Chinese technology group Huawei Investment & Holding left nothing to chance with its $2bn bond return. It paid up to compensate for the size of the deal and to soothe investor concerns over the poor secondary performances of other recent deals.

Abu Dhabi-owned Mubadala will wrap up its $2bn refinancing by the end of May and has achieved roughly the same margin as the loan it refinances, according to two sources.

Commodities trader Vitol Asia has hit the market for a one year extension to a $1.48bn borrowing sealed in June 2015.

Huawei Investment & Holding Co is out with a new 10 year dollar trade, while China Aircraft Leasing Group (CALC) has also taken off for its debut international bond.

Citi returned to the Australian dollar market on Wednesday, raising a A$750m five year dual-tranche Kangaroo that will contribute to the bank's total loss-absorbing capacity (TLAC) requirements.

Citi launched a five year Kangaroo bond on Tuesday, tapping into a recent bid from Asian investors itching for yield.

Alibaba Group Holdings has wound up its latest five year bullet at an increased size of $4bn after attracting robust demand during general syndication.