Hong Kong readies launch of circuit breaker
The Hong Kong Stock Exchange is preparing to launch a new system for controlling excess volatility in the market, following in the footsteps of other global bourses with circuit breakers.
View ArticleChina Everbright Bank plans maiden dollar bond
China Everbright Bank has hired four firms to arrange meetings with fixed income investors ahead of a planned dollar-denominated offering.
View ArticleJu Teng International seeks $250m with quartet
Four banks have launched a $250m syndicated loan for Taiwanese notebook casings maker Ju Teng International.
View ArticleChalco bags $800m as books overflow
Aluminum Corporation of China (Chalco) priced a larger-than-planned $800m deal on Thursday, taking advantage of strong investor interest that led to a 10x covered book.
View ArticleFunding scorecard: supranationals
This week's scorecard looks at where supranationals are in their funding programmes ahead of the September rush.
View ArticleTight French covered bond spreads could pique issuer interest
French issuers could be drawn to opportunistic covered bond trades in the next few weeks, with French deals trading inside German Pfandbrief paper for the first time.
View ArticleOCI Nitrogen picks ten new banks for €550m refi
OCI Nitrogen, the subsidiary of fertiliser giant OCI, has signed a €550m credit agreement with 17 banks, 10 of which are new lenders.
View ArticleAkbank’s three year tranche withers, one year survives
Appetite for the longer-dated tranche in Akbank’s refinancing was so low that the deal shrunk by more than two thirds and only received commitments in euros. The one year piece was about the same size,...
View ArticleFord achieves record pricing with auto ABS return
Ford Auto Finance (China) broke the pricing record for China auto ABS by quite a wide margin with its second transaction of the year – the Rmb3bn ($450m) Fuyuan 2016-2 Retail Auto Mortgage Loan...
View ArticleHyundai Capital Services revs up for new bond
Hyundai Capital Services (HCS) opened books for a three year dollar-denominated note on Tuesday, less than six months after tapping the market for its debut green dollar bond.
View ArticleSime Darby eyes $596m equity fundraising to cut debt
Sime Darby is planning an overnight share sale that could raise up to MR2.38bn ($595.85m) as the Malaysian property to palm oil conglomerate looks to pare down its debt load.
View ArticleChina Resources Cement gets go-ahead for debut Panda
Hong Kong listed China Resources Cement Holdings has received the greenlight from the National Association of Financial Market Institutional Investors (Nafmii) for its first outing in China’s Panda...
View ArticleInvestors gobble up Fantasia dim sum tap
Fantasia Holdings Group benefited from a quiet market and the rarity element of dim sum credits, adding Rmb1bn ($150.4m) to its 2019s with a quick tap on Monday.
View ArticleChemChina $12.7bn facility wrapping up in general
General syndication for a $12.7bn loan to back China National Chemical Corp’s acquisition of Swiss biotech firm Syngenta is due to wrap up shortly.
View ArticleNSE taps four for IPO as Suuti pulls RFP
India’s National Stock Exchange has appointed four banks, Citi, JM Financial, Kotak Mahindra Capital and Morgan Stanley, as joint global co-ordinators for its domestic IPO.
View ArticleChina Orient returns to dollars with new five year
China Orient Asset Management Corp is set for a new five year dollar bond, opening books for the deal on Tuesday morning.
View ArticleDatang refiles without Morgan Stanley, Meitu preps HK IPO
Datang Environment Industry Group Co has refiled its IPO application with the Hong Kong bourse almost a year after its first attempt at a listing, but this time without Morgan Stanley as a joint sponsor.
View ArticleRoyal loan default is a time for introspection
Royal Industries Indonesia rattled the loans market last week when it failed to pay the first principal instalment on a $380m deal signed in June 2015. The incident has caused consternation among...
View ArticleIndia modifies RFP for Suuti sell-downs
The Indian government has rejigged the conflict of interest clause in an upcoming request for proposals for sell-downs of companies in the Special Undertaking of Unit Trust of India, according to a...
View ArticleMizuho bulks up bonds team with new hire
Mizuho has added a new member to its debt syndication team for pan-Asia, with Jennifer Wang starting her new role on Monday.
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