ANZ

A $1.75bn borrowing for Indian conglomerate Reliance Industries has been opened into general syndication with a 19-strong banking group at the top.

ANZ has appointed Sanjay Mathur as chief economist for southeast Asia and India, beginning this month.

Investec Australia Property Fund, the Johannesburg-listed real estate investment trust focused on commercial property in Australia and New Zealand, set terms for its partially underwritten R1.5bn ($111m) rights issue on Tuesday. Investors marked the shares up 2.3% on the day.

ANZ has made a new hire to its loan syndications team in Australia. The move comes close on the heels of high level changes in the department.

ANZ has moved an executive director to the position of acting head of its loan syndications operation in Australia, as the incumbent steps into a new role.

A $120.6m borrowing to support a recent acquisition by Indian company Tata AutoComp Systems has launched into general syndication.

Debut Indonesian issuer Pan Brothers ventured out to the market Thursday, pricing a $200m five non call three deal, paving the way for more Indonesian high yield issuers.

The tally of sterling high yield bond sales in January is on course to reach £2bn, a sensational reversal from 2016’s entire first quarter without issuance in the currency, with several issues this week despite news that the UK will seek to leave the EU single market.

Wall Street banks celebrated a surge in earnings by flooding the dollar market with multi-billion dollar trades featuring callable tranches this week.

The tally of sterling high yield bond sales in January is on course to reach £2bn after Jaguar Land Rover on Thursday launched a new £300m offering, adding to a recent surge of deals in the currency.

Zhuhai Huafa Group Co on Thursday morning opened books for its debut dollar-denominated offering. Howver, the company is no stranger to offshore markets as it has previously sold a dim sum bond.

Issuers anxious to meet with investors before the Chinese New Year are kicking off the week with roadshows around Asia. Beijing Capital Group, Qinghai Provincial Investment Group, China Huarong Asset Management, and Indonesia’s Pan Brothers are all pursuing dollar bonds.