Asia Pacific
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Bajaj Finance has mandated Goldman Sachs, JM Financial and Kotak Mahindra Capital for a Rp45bn ($703m) primary capital raise, a banker on the deal said. -
John Wade has joined Mizuho Securities as head of debt capital markets for Asia Pacific, based in Hong Kong.
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Cambodia's Advanced Bank of Asia (ABA Bank) has tied up a $50m borrowing with Taiwanese lenders, taking double the amount raised in its international loan debut last year.
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China Merchants Bank Co has received the blessing from the China Banking Regulatory Commission to raise Rmb35bn ($5.25bn) in additional tier one capital from the domestic and foreign markets.
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India’s Quess Corp is eyeing up to Rp11.8bn ($184.4m) from an equity raise targeting institutional investors, taking advantage of a share price that has almost tripled since its IPO last year.
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The People’s Bank of China puts preventing systemic risk as a priority in its quarterly policy report, China’s non-financial outbound direct investment (ODI) falls in the first half, and US president Donald Trump wants to start an investigation into potential Chinese violation of US intellectual property policy.
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Invitations are out for a HK$2bn ($256m) three year loan for a unit of China Forestry Group Corp.
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Ford Automotive Finance (China) is gearing up for its second auto loan ABS transaction of the year in China, with bookbuilding slated for August 17. The carmaker is hoping to take home Rmb4bn ($600.2m) from the deal — a larger size than its last trade.
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Nasdaq-listed Chinese biopharmaceutical firm BeiGene has bagged $175m from a follow-on public offering of American Depositary Shares (ADSs).
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China Isotope, which filed a listing application for its Hong Kong IPO in June, is aiming to launch the transaction by late September.
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21Vianet Group, China Huiyuan Juice Group and Greenland Holding Group managed to steer their dollar outings in the right direction on Thursday, defying any concerns among investors to get their deals past the finish line.
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Indonesia’s Medco Energi Internasional braved a rocky market to grab $300m on Thursday, deciding to go ahead with its issuance on expectations of worse conditions further ahead.
