Asia Pacific

Mapletree Logistics Trust has raised S$286.5m ($209.98m) through a preferential offering of shares, part of a dual-pronged equity fund raising plan, according to a Singapore Exchange filing.

Yanggu Xiangguang Copper has rolled out a $100m syndicated loan with one lender leading the deal.

ANZ has promoted one of its own to head up its debt capital markets group in Asia, while adding a banker from a Chinese rival to lead the north Asia team.

Rise Education, a Bain Capital-backed language trainer, has launched a Nasdaq IPO that could be worth $154m. The deal comes hot on the heels of RYB Education’s scorching success in the aftermarket.

After overwhelming demand from investors, Godrej Agrovet has priced its IPO at the top of guidance. The deal, which was more than 95 times subscribed, was worth Rp11.29bn ($172.8m), according to a banker on the deal.

Sea, the e-sports giant formerly known as Garena, opened the books for its $695.8m US IPO on Monday, after adding a group of southeast Asian banks as underwriters.

China’s Haier Group Corp will meet investors this week to pitch its debut dollar bond.

China Singyes Solar Technologies Holdings announced on Monday that it had mandated three banks to lead a dollar bond, eyeing a return to the market eight months after making its debut.

Fitch Ratings says China has made progress in downsizing the country’s shadow banking sector, the US Department of Commerce delays its decision over imposing tariffs on Chinese goods, and China Development Bank (CDB) loans to Africa total more than $50bn in the first half of this year.

Banks that committed to a $250m loan for Saka Energi Indonesia, the upstream oil and gas arm of Indonesian state-owned Perusahaan Gas Negara, can expect to be scaled back after $285m of pledges came in by the end of general syndication.

Indian state-owned company Power Finance Corp (PFC) has sent a request for proposals for a loan of up to $300m, seven months after a failed attempt to raise $100m-equivalent from a 10 year deal.

Haitong UniTrust is preparing for a late October or early November launch of its potential $500m Hong Kong listing, according to a banker working on the transaction.