MUFG

Indian companies Birla Carbon and Tata Steel have mandated banks for loans and both borrowers have signed up large groups of lenders at the top level.

US food group General Mills sold €200m of short dated notes on Wednesday, in its first sole-led deal since 2017.

MUFG Bank has hired a veteran Citi banker to lead its corporate banking business in China.

Burak Kaya is joining MUFG Turkey to lead its corporate banking activity for non-Japanese firms.

India’s Power Finance Corp has wrapped up its $300m-equivalent dual-currency loan with nine banks on board.

Indonesian company Astra Sedaya Finance has closed a loan of around $200m that mainly targeted liquidity among Japanese banks.

The National Grid brought a £50m 10 year bond to the medium term note market on Wednesday — the day before the UK voted in an election marked by a debate about whether utility companies should be nationalised.

Groupe BPCE benefited from a bookbuilding process that was shorter than usual on a visit to the Samurai bond market this week, raising about $670m equivalent of preferred and non-preferred senior debt.

Philippine brandy making company Emperador has closed a €405m borrowing with 13 lenders in the syndicate.

A handful of rare visitors came to the marker this week to place debt in dollars and yen, and bankers scrambled for a QNB mandate.

MUFG Bank has hired Marilyn Gan as head of origination for its Asia Pacific aviation financing business.

One of Europe’s leading bond syndicate bankers is leaving MUFG.