Asia Pacific

Nan Hai Corp is selling a bond backed by a standby letter of credit (SBLC) while ENN Energy is returning to the market after a three year hiatus. Meanwhile, waste-to-energy firm China Jinjiang Environment Holding Company (CJE) has mandated a lead for its deal.

DBS Group Holdings is readying Singapore’s first international green bond, mandating firms for its debut in the asset class.

ICICI Lombard General Insurance Co is looking to go public with an up to $900m deal, submitting a draft prospectus for what could be India’s first IPO from a non-life insurer, according to a banker familiar with the matter.

Chong Hing Bank is selling Asia's first Basel-III compliant tier two dollar bond of the year, part of an exchange plus new money offering.

UBS has added a banker to its debt syndicate unit in Asia, with a director expected to start in August. The hire comes after the recent departure of associate director Anson Ko.

Three entities associated with CMB Financial Leasing have approached the loans market for an up to $150m financing related to a shipping sale and leaseback.

The State Council grants PBoC greater powers with new commission, China reports 6.9% year-on-year GDP growth in the second quarter, and Spain plans its first Panda bond.

Malaysian lender Maybank announced price guidance for its debut Panda issue on Wednesday, a day before it was scheduled to finish a roadshow for the deal.

The European Investment Bank (EIB) and other market actors are working on a system to match investors’ views on what is a ‘green’ bond with suitable deals in the market.

China’s Four Seasons Education and Sichuan Hope Education Industry Group are planning to raise as much as $550m between them through IPOs in Hong Kong and the US in 2017, according to a source familiar with the matter.

A recent directive from Malaysia’s central bank could spark off a round of consolidation or IPOs among the country’s insurers, according to ECM bankers.

One more bank has signed a facility agreement with the Employees Provident Fund of Malaysia for a £130m ($168m) financing. That takes the strength of the syndicate for the loan to three banks.