ANZ

India’s Rural Electrification Corporation (REC) has mandated banks for a green dollar bond, a first for the company.

Chinese resource-based energy company Brightoil Petroleum (Holdings) pulled what could have been its debut international bond on Tuesday — the second borrower to cancel a deal recently — as heavy high yield supply as a result of two potentially huge exchange offers, as well as the underperformance of recent paper, weighed on investors’ minds.

ANZ has hired Sonny Lin as the new head of markets for Taiwan, poaching him from Standard Chartered.

Brightoil Petroleum (Holdings) is marketing its maiden international bond, while Gome Electrical Appliances Holdings is taking bids for a tap of notes printed earlier this year. China Gold International Resources Corp, meanwhile, is meeting investors later this week for its second offshore outing.

Invitations are out for a $235m triple tranche loan for private equity firm Partners Group’s acquisition of business process outsourcing company SPi Global.

International Finance Corp (IFC) and ANZ have launched a $150m fundraising for Indonesia Infrastructure Finance (IIF) into syndication.

Shui On Development (Holding) has become the latest Asian issuer to announce a senior perpetual bond, while Brightoil Petroleum (Holdings) has hired two firms to work on an offshore outing.

Chinese issuers Far East Horizon and Power Construction Corporation of China sealed perpetual non-call five year deals on Wednesday, feeding investor appetite for yield from high quality names.

State-owned Power Construction Corporation of China and Sinochem-backed Far East Horizon are in the market with dollar-denominated perpetuals, while Tunghsu Group is making its international debut with a three year.

Hong Kong-listed Fosun International has hiked the size of its syndicated loan to $806m-equivalent from $650m. The company raised the money in two currencies, with the final deal split between a $673m portion and a €118m tranche.

Allocations are out for Petron Corp’s loan, which was opened to retail participation in late March. The company has absorbed the excess demand that came in during syndication, boosting the deal size to $1bn from $600m.

Export-Import Bank of China came to the market with a two-currency, fixed and floating rate transaction on Thursday, snapping up $918m-equivalent. Its outing followed downgrades on China’s sovereign rating and that of the issuer, but buy-side concerns were well contained.