Asia Pacific

Mário Centeno, the Portuguese finance minister, has said that Portugal is considering issuing renminbi denominated bonds, according to Portuguese news agency Lusa.

State Bank of India will pick up to six firms for a proposed qualified institutional placement or follow-on public offer, according to a request for proposals sent on Tuesday.

AMTD Strategic Capital Group, the insurance brokerage arm of AMTD Group, is planning to list in Hong Kong, according to a filing with the stock exchange on Monday.

Indian Energy Exchange has hired two local banks for an expected Rp7bn ($108m) IPO slated for the current financial year ending March 2018, said sources close to the matter.

Indonesian state-owned electricity distributor Perusahaan Listrik Negara (PLN) raised $2bn from a dual-trancher on Monday. It achieved both size and price, while bankers said it also helped boost supply from the country’s quasi-sovereigns.

IRB InvIT Fund brought India’s first infrastructure investment trust to market last week, making history with its Rp46.5bn ($727.4m) IPO. Books closed with demand for nearly 9x the shares available, in a huge boon for the asset class. But while the trade sets a high bar, future issuers need not follow its template.

Bank of China Macau has given China Huishan Dairy Holdings until next Tuesday, May 16, to repay a $50m loan raised in 2014 that matured in April.

Indonesian property developer Bumi Serpong Damai (BSD) is tapping its outstanding 2023s on Tuesday, launching the deal at the market open.

Australian billionaire James Packer has cashed in his remaining stake in his Macau joint venture with Hong Kong gaming tycoon Lawrence Ho, netting $1.2bn in the process.

Bank of Communications Hong Kong sealed a $1bn deal across two floating rate tranches on Monday, continuing issuers’ trend of favouring the structure.

Leoch International Technology has wrapped up its syndicated fundraising at a larger size of $200m.

South Korea’s Woori Bank sneaked into the debt market on Monday with a $500m Basel III additional tier one, timing its deal for the day before the country held its presidential election.