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Romania 12 year on track but longer bond not expected

Romania was on track to print a 12 year euro-denominated note on Thursday but decided not to proceed with the longer dated note it was also considering.

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Pertamina out with long awaited $1.5bn loan RFP

Indonesian state-owned oil company Pertamina has requested proposals from banks for a $1bn five year loan that includes a greenshoe option, according to bankers.

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Kexim scores $2.5bn with first triple-trancher

Export-Import Bank of Korea (Kexim) set a new benchmark this week with what bankers say is the first triple tranche deal out of South Korea. The policy bank managed to bring high quality US investors...

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Laurus Labs, PNB Housing heat up Indian equity markets

Indian pharmaceutical firm Laurus Labs is planning a Rp10bn ($148.7m) IPO this year and has lined up three banks to lead it, according to a source close to the deal.

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No date? It’s fate

For some, the fun in travelling is who you are with. For others, it’s a whole different story.

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Malaysia’s CIMB restores Razak as chairman after review

CIMB Group has reinstated Nazir Razak as chairman following a month-long review triggered by several money transfers involving his personal bank account.

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PE firms net Rph3tr with Matahari sell-down

A pair of private equity firms have raised a combined Rph3.02tr ($223m) from a share sale in Indonesia’s Matahari Department Store, after a burst of demand allowed the vendors to enlarge the size of...

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Corps crowd out FIG as borrowers bide time

Financial institutions are taking more time over executing trades, as well-funded banks give way to less common names and rarer trades.

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Investors rub hands as Erste gets ready to test memories in AT1

Erste Bank, the Austrian lender that failed to pay a coupon on legacy tier one debt just 18 months ago, this week mandated leads for an inaugural additional tier one transaction that could be one of...

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China Hongqiao collects commitments for $700m loan

China Hongqiao Group is in the market for a $700m three year loan that was opened for syndication this week via seven bookrunners, according to bankers working on the deal.

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BOC, China Merchants lead NPL securitization reboot

The securitization of non-performing loans in China is finally about to restart after having been mooted for months, with transactions from Bank of China and China Merchants Bank scheduled to launch...

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RMB round-up: May 20, 2015

In this round-up, China's central bank appoints a new deputy governor, first foreign banks with direct access to China’s onshore foreign exchange market are named, the first RMB certificates of...

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Zhejiang Geely takes a spin with debut green bond

Zhejiang Geely Holding Group successfully priced its first international green bond on Thursday, keeping the momentum going for the asset class in China. The issuer opted for a standby letter of credit...

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Morgan Stanley to make Qian head of China JV

Morgan Stanley is set to name Jing Qian, its co-head of China investment banking, as CEO of Morgan Stanley Huaxin Securities Co, its joint venture in China.

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Frasers kicks off pre-marketing for S$900m Reit IPO

Property developer Frasers Centrepoint has begun investor education for a real estate investment trust IPO that could raise up to S$900m ($652.1m), according to a source close to the deal.

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CFETS basket changes ahead, says HSBC

The direct trading of more currencies with the onshore RMB (CNY) will lead to an expansion of the trade-weighted reference basket of currencies introduced by People’s Bank of China (PBoC) in December...

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Saudi RFP details revealed

Saudi Arabia has released a request for proposals for its much anticipated international bond. GlobalCapital has details.

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Swiss Re avoids crowds for debut senior

Swiss Re enjoyed a strong reception for its debut euro senior benchmark on Friday, with lead managers careful to make the bonds stand out by coming at the end of a crowded market.

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Credit Suisse appoints new head of US levfin trading

Credit Suisse has appointed a new head of US leveraged loans and high yield bond trading, a source has confirmed.

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Funding scorecard: supranationals

Read on to see how far selected supranationals have progressed with their funding for the year.

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