MUFG

State Bank of India’s new $750m five year financing has been launched into syndication after a 10-strong bookrunner group funded the transaction.

AT&T racked up a monster order book on Thursday, as the US telecoms giant hit the market with a $22.5bn M&A financing.

Kroger and Alimentation Couche-Tard led a flurry of issuance by dollar borrowers to exploit red hot demand for high grade paper. With the bulk of corporate America in earnings blackout, the retailers demonstrated the strength of investor sentiment.

Indonesian consumer finance lender BFI Finance is seeking up to $150m from a three year syndicated loan, and is shaving the margin on the facility by 67bp.

One more bank has signed a facility agreement with the Employees Provident Fund of Malaysia for a £130m ($168m) financing. That takes the strength of the syndicate for the loan to three banks.

Indonesian consumer lender BFI Finance is preparing to launch a loan of about $100m into general syndication, after mandating three banks as leads.

Allocations are out for a $200m borrowing for Indonesian automobile finance company Mandiri Tunas Finance (MTF).

Indonesian vehicle financier BFI Finance is returning to the loan market after a two year break, mandating three banks for its borrowing.

Four lenders launched a $200m loan for Indonesian company Adira Dinamika Multi Finance into general syndication at the end of last week, according to a banker.

Indonesian automobile finance company Mandiri Tunas Finance (MTF) has received a strong response for its debut offshore syndication, and is doubling the loan size to $200m.

Hindustan Petroleum Corp (HPCL) on Wednesday sealed its inaugural international bond, a $500m 10 year deal. The company capitalised on a strong bid for Indian paper, and managed to price flat to its oil and gas peers with a similar government backing.

Mitsubishi UFJ Financial Group said on Thursday that it has hired Julian van Kan as head of financial institutions for EMEA.