Morgan Stanley is in the market with a top-up placement of shares in Hong Kong-listed property company Sunac China.
Taiwan-listed Airtac International has launched a NT$5bn (US$167m) five-year refinancing.
Barbeque-Nation Hospitality plans to launch a Rs6.5bn–Rs10bn (US$100m–$155m) IPO in the first quarter of next year, a person with knowledge of the transaction has said.
A jumbo loan of around NT$90bn (US$3bn) for a merger between Advanced Semiconductor Engineering, the world’s largest chip packager and tester, and Siliconware Precision Industries is moving ahead with regulatory approvals already in place.
Lens Technology has sold Rmb4.8bn (US$726m) of six-year convertible bonds, with only 13.54% going to existing shareholders of the company.
Chinese consumer lending firm LexinFintech has opened books for a Nasdaq IPO of up to US$132m.
WuXi Biologics Holdings, the largest shareholder of Hong Kong-listed WuXi Biologics, has raised HK$5.07bn (US$649m) from an upsized block sale in the company.
Taiwan-listed Hon Hai Precision Industry has secured board approval to list subsidiary Foxconn Industrial Internet on the Shanghai Stock Exchange.
WuXi Biologics Holdings has launched a HK$4.3bn–$4.4bn (US$551m–$565m) block in WuXi Biologics Cayman in the HK$40–$41 range, according to a term sheet.
Fifteen underwriters have lined up for a US$5.5bn loan that will refinance the jumbo bridge facility China National Chemical used to acquire Swiss seeds and pesticides company Syngenta.
Top Stories from this week's IFR Asia magazine
Friday 1600 Hong Kong / Friday 0900 London
After a 60% jump in the amount of international bonds sold from Asia Pacific issuers over the past two years, it’s worth asking whether arrangers are paying enough attention to the deals they bring to market.
With less than a month to go before the end of the year, the pipeline of Hong Kong listings could hardly look better. Matching expectations with reality, however, will be a challenge.
Chinese online wealth management and peer-to-peer lending firm Lufax has set the ball rolling on a Hong Kong IPO that could raise US$3bn–$5bn, even as China takes steps to crack down on consumer finance.
The Republic of Indonesia capped its return to full investment-grade status with a strong US response to last Monday’s US$4bn Global, its first SEC-registered bond in more than 20 years.
Debt-laden HNA Group is extending another offshore loan related to its 2016 acquisition of Swiss airline catering firm Gategroup Holding, amid growing concern over the conglomerate’s access to funding.
Market participants have warned that the record volume of Asian bond issuance, coupled with a reduced number of staff at many banks and law firms, is leading to increasing errors in documentation.
State-owned China Reform Holdings last Monday failed to meet its target size for a debut offering of US dollar bonds after structural deficiencies kept investors away and almost half its bookrunners dropped out.
The city of Pune drew praise in June for completing India’s first municipal bond sale in a decade. Six months later, it has yet to use the proceeds because of project delays, casting a cloud over the market’s development.
Policybazaar.com has started preparations to become the first Indian financial technology company to go public with plans for a US$200m–$400m domestic IPO.
Acleda Bank, Cambodia’s largest lender, has successfully placed a US$50m five-year syndicated loan, becoming the latest frontier market borrower to take advantage of bank liquidity to extend loan maturities.
China’s push to develop the rental housing sector is offering cash-strapped property developers a way back to the onshore bond market after more than a year of issuance restrictions aimed at cooling down property prices.
More than 30 global asset managers have been awarded licences in the last two years to set up wholly owned units in China to seek a share of the country’s US$1.5trn private fund-management market.
China has introduced a new benchmark for government bond yields, creating an official point of reference for the country’s underdeveloped debt markets and marking a fresh step in efforts to encourage accurate risk pricing.
Natixis plans a 10% annual increase over the next three years in its 620-strong headcount in Asia, its fastest-growing region, as it expands in areas like fixed income and equity derivatives, its chief executive has said.