- Saudi Binladin Group is seeking a payment extension on an SAR817mn (US$217.8mn) loan that matured last week, according to a report from Trade Arabia
- Commercial Bank of Qatar (CBQ) secured a US$166mn 3-year loan in a deal led by Mizuho Bank, which acted as sole co-ordinator and bookrunner. Gunma Bank, Shizuoka Bank and Fuyo General Lease, Agricultural Bank of China, State Bank of India and Bank of Taiwan also participated on the deal
- Israel's Teva Pharmaceutical Industries sold US$15bn in bonds this week as the company looks to help finance its acquisition of Allergan PLC’s generics business.
- Zimbabwe's Finance Minister Patrick Chinamasa will soon wrap up negotiations to clear almost US$1.8bn in debt owed in arrears to the World Bank, International Monetary Fund and African Development Bank
- The Africa Finance Corporation issued debut senior unsecured notes, selling CHF100mn (US$101mn) with a tenor of 3.5 years and a coupon of 0.85%. UBS Investment Bank and Deutsche Bank were joint lead managers on the deal. J.P. Morgan Securities plc and MUFG Securities EMEA were hedging banks
- South Korea's Busan Bank tapped the dollar debt market for the first time since 2012 with a US$250mn 10-year subordinated bond to yield 3.625% and a reoffer price of 99.585. The deal was over 8X oversubscribed