Asia Pacific

Dongfeng Peugeot Citroën Auto Finance sealed a single tranche Rmb3bn ($451m) ABS deal on August 22, just five days after Bond Connect investors tapped the asset class for the first time. But the originator showed little interest in seducing the newcomers and stuck with the local investor base instead.

Indian lender Yes Bank has mandated four Taiwanese banks for its latest syndicated loan, a $200m five year. The firm is raising funds through its branch in Gujarat International Finance Tec-City (Gift City), India’s first international financial services centre.

Barclays hires trio for China, Japan — JPM names new China vice-chair — Pan Asia loses primary dealer status in Sri Lanka — Asifma grabs equities head — Aberdeen Standard hires for WFOE

When a typhoon hit Hong Kong this week, junior bankers across the city scrambled to look frantically busy from the comfort of their sofas.

HDFC Standard Life Insurance Co is planning an offer-for-sale of secondary shares. The deal could be worth Rp100bn ($1.56bn) and is likely to hit the market in 2017, according to a banker working on it.

Online food products retailer Cofco Womai, backed by Chinese internet giant Baidu and Cofco Group, is planning to raise up to $600m through a Hong Kong IPO.

Sisram Medical has begun sounding out investors for its $200m IPO in Hong Kong after receiving listing approval from the city’s stock exchange, said bankers on the deal.

China Great Wall Asset Management attempted to reopen the Asian dollar debt market on Thursday with a triple tranche offering after a typhoon shutdown the market on Wednesday.

Two SSA borrowers printed dollar benchmarks on Wednesday, pulling off solid trades in spite of some investors put off by tight spreads.

Mitsubishi UFJ Financial Group has picked its own investment bank and Morgan Stanley to arrange the sale of its first ever holding company level senior bond in the euro market.

Microfinance institution Bandhan Bank has begun preparations for its IPO, according to a source familiar with matter.

Indonesian textile company Sri Rejeki Isman (Sritex) has approached offshore banks for a $100m three year syndicated loan.