Panda supply to reach Rmb20bn in 2016: Deutsche
Deutsche Bank is forecasting net Panda bond issuance of Rmb20bn this year as part of a wider deepening of China’s onshore bond market including greater access for foreign investors.
View ArticleIndia Exim’s $500m bond benefits from rarity factor
Export-Import Bank of India (India Exim) has become the first credit outside of north Asia to sell a bond in the region this year, printing a $500m trade on January 13.
View ArticleDo not adjust your set: time to buy China
Volatility in Chinese equity and foreign exchange markets is spooking investors but the cheaper RMB and more reasonable valuations for A-shares might provide an ideal entry point for investment into...
View ArticleSafe landing for HK Airlines’ $180m debut
Hong Kong Airlines had to navigate a crowded primary market on January 13 to price its first dollar bond and raise $180m in the process.
View ArticleRMB round-up: January 15, 2016
In this round-up, China's RMB trade settlement touches a new high, Hong Kong RMB clearing grew by 30% in 2015, South Korea's RMB deposits shrank by 75% over the year, Singapore plans closer...
View ArticleKhazanah names four for first dollar sukuk
Malaysia’s Khazanah Nasional is gearing up for its first Islamic bond in dollars, having mandated banks to arrange a roadshow.
View ArticleAggarwal to head HSBC India research
Yogesh Aggarwal has been appointed as the India research head at HSBC, according to a press release.
View ArticleHsin Chong gets tough $150m bond across the line
Hong Kong’s Hsin Chong Construction Group managed to get a difficult $150m bond away this week, braving volatile markets with a two-day execution and private bank backing.
View ArticleLIG Nex1 block fetches $100m for STIC
STIC Investment sold down a W121bn ($99.5m) block in South Korean defence firm LIG Nex1 on Thursday, with the trade proving irresistible to investors amid ongoing geopolitical tensions in the country.
View ArticleLufax invites bids for $5bn Hong Kong IPO
Chinese peer-to-peer lender Lufax is calling on banks to pitch for its $5bn listing in Hong Kong, expected to be the city’s largest float in 2016.
View ArticleCadila gets approval for Rp50bn QIP
Indian company Cadila Healthcare is gearing up for a Rp50bn ($741.1m) qualified institutional placement after the country’s Foreign Investment Promotion Board gave it the go ahead this week.
View ArticleTata Communications $250m loan in the works
Indian data service provider Tata Communications is understood to be in talks with lenders for a loan of $250m.
View ArticleBaker & McKenzie.Wong & Leow boosts DCM practice
Baker & McKenzie.Wong & Leow has strengthened its DCM franchise by hiring Pallavi Gopinath Aney in Singapore.
View ArticlePBoC was right to intervene in offshore RMB, says HSBC
China’s central bank drew a lot of criticism this week for its decision to intervene in the offshore renminbi market. But David Bloom global head of foreign exchange strategy at HSBC, says the People’s...
View ArticleFunding Scorecard: Scandinavian agencies
This week's scorecard looks at the funding progress of Scandinavian agencies
View ArticleIADB returns to Kauri after seven year absence
The Inter-American Development Bank has printed a five year Kauri bond, its first in the market since 2009.
View ArticleSterling volume hits record level as IADB raises £250m
The Inter-American Development Bank has printed a £250m December 2019 bond that has set a new record for year-to-date supranational and agency sterling issuance.
View ArticleSecondary pricing update: featuring KfW's $5bn Feb 2019
Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
View ArticleCorral Petroleum under pressure to refinance PIKs again
Sweden’s largest oil refiner, Corral Petroleum Holdings, is in talks with lenders to renew a $1.8bn revolving credit facility — but first, it needs to refinance its 2017 dollar and euro payment-in-kind...
View ArticleSaipem, Veneto Banca capital raisings warming up in Italy
Several major Italian ECM deals are set to move forward in the next few weeks. Saipem, the oilfield services company, is likely to launch its €3.5bn rights issue the week after next. And Veneto Banca...
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