China Securities has reopened the mainland’s credit derivatives market after a five-year pause, reviving interest in a product that failed to catch on after a 2010 pilot scheme.
A A$350m (US$264m) block has been launched in Australia’s Qube Holdings at the fixed price of A$2.55.
Sponsor CWP Renewables has approached a number of lenders for a project financing of more than A$300m (US$227m) to develop a 270MW wind farm.
South Korea’s Doosan Bobcat, the group controlling US construction machinery maker Bobcat, could raise US$1bn-$2bn in its Korea Exchange IPO, according to several sources close to the deal.
Shanghai-listed Shanghai Dazhong Public Utilities (Group) aims to list in Hong Kong as early as October or November, according to sources close to the plan.
Allied Blenders and Distillers plans to embark an IPO next year to raise up to Rs10bn (US$150m).
Qube Holdings has announced an indicative A$200m (US$151m) offering of ASX-listed seven-year subordinated floating-rate notes at a price guidance range of 390bp–410bp over 90-day BBSW.
India’s L&T Technology Services plans to launch its IPO of Rs9bn (US$135m) in mid-September, with Bank of America Merrill Lynch, JM Financial, Kotak and SBI Caps as bookrunners.
Industrial Bank has become the latest Chinese lender to look into setting up an investment banking business in Hong Kong.
Pacific Securities has applied for approval to the China Securities Regulatory Commission for a proposed offering of six-year convertible bonds to raise up to Rmb3.7bn (US$554m).
Top Stories from this week's IFR Asia magazine
Saturday 0800 Hong Kong / Friday 0000 London
The Hong Kong IPO of Meitu, a Chinese developer of smartphone apps, is shaping up as a key test of the city’s appeal as a listing venue for high-growth technology companies.
Vietnam’s top commercial banks are considering their first US dollar offerings since 2012 at a time when the country’s sovereign bonds have soared to record levels.
Perisai Petroleum Teknologi has sent a fresh chill through the Singapore bond market with a warning that its bondholders should prepare for heavy losses on notes maturing in October.
Postal Savings Bank of China plans to sell about 70% of its Hong Kong IPO shares to cornerstone investors in what is shaping up to be the largest float globally in two years.
India’s central bank has unveiled a series of major reforms that promise to deepen the rupee bond market at a time when domestic banks are running short of capital.
A cluster of event-driven financings is lifting the spirits of Australian lenders after the surprise collapse of the sale of the country’s biggest electric grid.
The potential listing of an Anbang Insurance Group company in Hong Kong is dividing equity arrangers, as some rush to pitch and others feel the parent’s mysterious ownership structure raises too many risks.
The Republic of Poland achieved a strong result for the first Panda bond from a European sovereign last week, offering proof that the onshore renminbi market can be an attractive funding option for non-Asian issuers.
The collapse of an oil services company and deteriorating finances of some other energy firms have exposed cracks in the Singapore dollar corporate bond market, prompting an official rethink of private banking sales practices.
EDL-Generation, the state-run Laotian power producer, opened books on Thailand’s largest onshore US dollar bond on Friday, tapping growing demand for foreign currency assets.
New Zealand underlined its appeal last week as the world’s highest-yielding Triple A rated sovereign as it cruised to its NZ$2bn (US$1.46bn) target on a 2037 syndicated bond.