Baoxin exits with bigger $750m borrowing
Baoxin Auto Group has hiked the size of its latest borrowing to $750m from $550m, after its acquisition by China Grand Auto made the deal more appealing, according to bankers.
View ArticleRMB round-up: CIMB inks custodian deal with CCB, AIIB set for new members,...
In this round-up, CIMB signs a custodian deal with China Construction Bank to facilitate investments into China, Asian Infrastructure Investment Bank (AIIB) plans membership expansion and the China...
View ArticleRBI gives nod to shore up bank capital via Masala bonds
The Reserve Bank of India is allowing banks to issue offshore rupee-denominated bonds to raise their Basel III tier two and additional tier one ratios, as part of a series of measures to develop the...
View ArticleYangon bourse welcomes bank as third listing
Local outfit Myanmar Citizens Bank officially floated its shares on the Yangon Stock Exchange on Friday, the third ever listing on the YSX.
View ArticleSri Lanka to hike loan to $700m
The government of Sri Lanka’s three year borrowing has turned out to be a hit, allowing it to hike the loan to $700m, beyond the $500m it was eyeing after a greenshoe.
View ArticleEDL Gen on track for dollar debut as books open
Electricite du Laos Generation Public Company (EDL Gen) has started building books for a $300m bond it is looking to price in Thailand on September 2. The deal is progressing well, attracting interest...
View ArticleElectronic FX trading hits tipping point in Asian emerging markets
Falling costs, increasing transparency requirements and the advent of new technological solutions are encouraging traders in key Asian markets to make the switch from voice to electronic FX trading
View ArticlePostal Savings Bank wins go ahead for HK listing
Postal Savings Bank of China is set to kick off investor education for its $8bn IPO after the Hong Kong Stock Exchange approved its plan on Thursday.
View ArticleSSA secondary pricing: featuring EBRD's $1.25bn four year
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 ArticleMorgan Stanley founds two new multi-asset funds
Morgan Stanley Investment Management, the asset management division of Morgan Stanley, has launched two new multi-asset global funds, the Global Balanced Fund and the Global Balanced Defensive Fund.
View ArticleCS seeks consent to change EoD
Following an internal restructuring, Credit Suisse has asked covered bond holders for their consent to amend the definition of an issuer event of default (EoD).
View ArticleDollar covered resurgence has legs
The outlook for euro-denominated primary covered bond volumes may be revised lower over the course of this year as cheap dollar senior unsecured funding and negative euro yields hinder prospects.
View ArticleBank of Queensland to consider covered bonds
The universe of active covered bond issuers is set to further expand with the Bank of Queensland hiring leads to explore options for a potential covered bond structure.
View ArticleFunding scorecard: European sovereigns
Find out how far European sovereigns are progressing in their funding targets as we approach the post-summer funding season.
View ArticleCLO managers ramp up deal volume into fall
CLO managers are beginning to ramp up issuance activity ahead of an expected market escalation in September, with three issuers bringing new offerings this week.
View ArticlePTA picks seven for dollar deal
The Eastern and Southern African Trade and Development Bank (PTA) has chosen seven banks to lead its latest loan refinancing which launches into syndication this week.
View ArticleDBS en route for maiden dollar AT1
DBS Bank is all set for its debut additional tier one bank capital offering in dollars, having found solid demand from investors on Tuesday.
View ArticleWorld Bank releases price guidance for landmark Mulan bond
The World Bank has announced the price guidance for its upcoming Mulan bond.
View ArticleAsia Minerals seeks $61m dual trancher; Soechi gets commitments
Manganese producer Asia Minerals is accessing liquidity in the syndicated loan market for a $61m two tranche borrowing.
View ArticleSingapore exchange gets nod for dual class share IPOs
The Singapore Exchange has received the go ahead from its listing advisory committee to allow companies to float using a new structure, in an effort to deepen the city-state’s capital markets.
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