Panama’s Banco General SA is revisiting the syndicated loan markets for a US$75m three-year bullet term loan, barely two months after wrapping up a US$96.5m facility.
A multi-tranche revolving credit of A$750m (US$539.6m) for AMP Group Finance Services closed with 28 lenders joining the three leads as strong liquidity underpinned demand for a rare loan from an Australian financial institution.
The Australian Unity Office Fund REIT intends to raise A$155m (US$110m) from a listing on the Australian Securities Exchange, according to the offer document.
Axis Bank is building on Asia’s growing footprint in Green financing, having attracted a following of environmentally focused investors for its inaugural US$500m five-year Green offering.
L&T Infotech is targeting a mid-June launch for its IPO up to Rs12bn (US$180m), having recently obtained Securities and Exchange Board of India approval for its resubmitted prospectus.
Indonesian oil-and-gas company Medco Energi plans to raise Rp4.66trn (US$340m) from a rights issue of 3.04bn shares.
Industrial Commercial Bank of China is continuing with its relentless bond issuance with the latest offering coming from its New York branch.
(Reuters) The head of the French Treasury will leave his position next month to join a Franco-Chinese investment fund, he said on Monday, a rare move for a top French official.
China Nuclear Engineering intends to raise up to Rmb1.82bn (US$278m) through a Shanghai IPO of 525m shares, after setting the price at Rmb3.47.
BOC Aviation will close the institutional book of its Hong Kong IPO of HK$8.74bn (US$1.13bn) one day earlier than planned.
Top Stories from this week's IFR Asia magazine
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The Panda bond market, part of China’s drive to open its domestic capital markets by encouraging foreign issuers raise onshore renminbi, may finally be on the verge of serving its intended purpose after a long spate of deals done mostly for publicity reasons.
The latest giant acquisition financing for a state-owned Chinese borrower is struggling in syndication, underlining the reluctance of global lenders to support China’s overseas ambitions.
South Korea’s Hotel Lotte is testing investor appetite for its mammoth Korea Exchange IPO at a time when volatile markets have cooled global IPO activity.
All seven Sino-foreign securities joint ventures made a profit in 2015, according to data released last week, as China’s stock-market boom in the first half of the year boosted revenues from IPOs, follow-on offerings, as well as corporate bond underwriting.
Zhejiang Geely Holding Group chose to rely more on Chinese banks than socially responsible investors for the first Green bond from a Chinese automaker, opting for the lowest cost of funding over the widest distribution.
The Export-Import Bank of Korea last week printed a US$2.5bn bond, its largest on record, with perfect timing just ahead of hawkish comments from Federal Reserve policymakers.
Singapore’s IPO market has seen its busiest week in months after a prolonged drought of issuance. Frasers Logistics and Industrial Trust last week started premarketing a real estate investment trust of up to S$800m (US$585m), while Manulife US REIT made its trading debut.
Banks in Taiwan are preparing for a cutback in lending to China amid expectations that the new Democratic Progressive Party government could take steps to restrict their exposure, local bankers say.
India is gearing up for a second batch of bond issues as part of a restructuring of stressed electric utilities, amid signs that investor appetite may not be as strong as for the first round.
Manulife Financial Corp drew the year’s largest Singapore-dollar order book for its S$500m (US$366m) Tier 2 notes, as investors took the chance to earn a relatively high yield without worrying about possible equity conversion.
China’s equity-linked market is set to double in size as issuers turn to convertible bonds amid volatile market conditions and major shareholders opt for exchangeables to dodge a ban on stake sales.
The usually reliable Chinese bid for US dollar bonds has cooled significantly in the last few weeks, raising prospects that issuers may have to offer wider terms to woo investors, according to syndicate bankers and treasurers.