Asia Pacific

Oceanwide Holdings Co returned to the offshore market on Thursday with a new three year dollar offering, just a week after selling a $200m 363-day bond.

DBS Group Holdings sold Singapore’s inaugural international green bond on Tuesday in style. The strength of its credit, coupled with the green label and a conducive market backdrop, helped the bank print inside the curves of its global peers.

China Development Bank Financial Leasing Co (CDBL) has named banks to run its proposed dollar transaction, with investor meetings beginning this week.

Chinese state-owned Sinochem International Corp and China Railway Group raised a combined $800m on Tuesday, with demand for high quality investment grade names reflected in the book sizes of the bonds.

InterGlobe Aviation is planning to hit screens with a Rp49bn ($762m) fundraising as the Indian low cost airline looks to meet public shareholding requirements.

Castle Peak Power Company added to Asia's growing green bond supply this week, raising $500m from its debut in the international debt market.

Korea Hydro & Nuclear Power grabbed a modest $300m from its 10 year bullet in a busy primary market on Tuesday, tempering its expectations to seal a smaller size at a decent price.

Commodities trader Trafigura has sent banks a preliminary invitation for an upcoming financing, which market participants reckon will replace a $1.185bn one year loan sealed last October.

Bahrain-based Bank ABC has hired veteran banker Patrick Tan to lead its Asia business in Singapore, according to an announcement on Wednesday.

China made a clear step towards creating a financial super-regulator last week, when it created a new oversight commission within the central bank. The mega-merger of China’s many competing regulators is a good idea – but it is also fraught with risks.

Hong Kong-listed China Resources Land is returning to the Panda market on July 21 after a year-long absence. The company, which is hoping to raise Rmb5bn ($741m), will be the second red chip real estate issuer in two days to price a dual-tranche Panda deal.

Sumitomo Mitsui Trust Bank exited its stake in India’s Reliance Capital on Tuesday through a Rp4.6bn ($71m) overnight share sale, more than two years after the pair inked a strategic partnership.