Asia Pacific

Edelweiss Financial Services' board has approved a fundraising of up to Rp20bn ($306m), as India's mid-sized banks and brokers look to ride a buoyant equity market.

Indonesia’s Indika Energy is hunting for more dollar debt, six months after securing $265m on the back of a nearly five times covered book.

HSBC has hired a former Bank of America Merrill Lynch banker to its leveraged and acquisition finance team in Hong Kong.

Australian pallet and container provider Brambles must think good things come in threes. Having made euro investors wait three years for its last deal, in 2014, it finally returned to the single currency market on Tuesday, printing a deal with virtually no new issue premium.

Hanjin International Corp hit its goal of raising $300m from its debut green bond on Monday, but rising tensions between the US and North Korea forced it to pay up.

Market participants have lauded India’s latest efforts to encourage bond and equity issuance from real estate and infrastructure trusts, but they should curb their enthusiasm. What the sector really needs is not looser regulation, but a fundamental shift in investor thinking — which may be the hardest challenge of all.

China’s Yuzhou Properties pulled off a $300m bond on Monday, navigating a choppy equities market that saw stock prices of many Hong Kong-listed developers plunge amid cooling measures from the Mainland regulators.

Nan Fung International Holdings managed to get the best of both worlds on Monday, finding the ideal price for its bond while also bagging a size within its target.

Four mandated lead arrangers and bookrunners have rolled out Chinese e-commerce firm JD.com’s debut borrowing into syndication at razor-thin pricing levels.

The Reserve Bank of India (RBI) has given the country's banks permission to invest in real estate and infrastructure investment trusts.

Vincom Retail, a subsidiary of Vietnamese conglomerate Vingroup, has filed for approval to list on the Ho Chi Minh City Stock Exchange, targeting a $600m IPO.

Chinese steel maker Shougang Group Co took advantage of an impressive rally in its outstanding notes to bag a new bond on Monday, with a strong peak order book of $4bn allowing it to slash pricing substantially.