Asia Pacific
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A management shake-up and a renewed focus on financing small and medium-sized enterprises have boosted Brac Bank’s performance. But CEO Selim Hussain says he is nowhere near finished when it comes to unleashing the bank’s potential -
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Private equity firms are bringing new money, international expertise and fresh ideas to Colombo, hoping to rejuvenate Sri Lanka’s investment scene
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It’s boom time in Colombo’s property market, eight years after the end of the civil war, as soaring towers transform the colonial-era city into a would-be south Asian Dubai. That’s the government’s plan, but who is going to pay for it, in an economy already deep in debt?
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Yorkshire Building Society issued a €500m six year covered bond almost flat to its curve with strong demand on Monday. At the same time Commonwealth Bank of Australia priced a €750m seven year, a solid trade but one that lacked sparkle.
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KazMunayGas is preparing to bring the first deal from the Caucus region this year and will be hoping the red hot market stays warm enough to drive its funding costs down.
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Huarong Rongde Hong Kong Investment Management Co is in the loan market for $100m, barely three weeks after another entity within the same group, China Huarong Asset Management, rolled out a HK$3bn ($386m) syndication.
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South Korea’s Financial Supersory Service is reviewing Samsung BioLogics for potential financial fraud in the lead up to its W2.25tr ($2.0bn) IPO last year, according to a banker who worked on the listing.
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State Bank of India was out in the debt market again on Monday, pricing a $100m tap of the three year floating rate notes it sold last Thursday.
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Nine mandated lead arrangers and bookrunners have invited lenders to join the international loan market debut of Ant Financial subsidiary, Alipay (Hong Kong) Holding. The money will partly be used to support Ant’s bid to acquire MoneyGram.
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China New Higher Education Group has launched the deal roadshow for its potential HK$921.6m listing, according to a term sheet seen by GlobalCapital Asia.
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Oil India is readying investors for a new dollar offering, three years after its $1bn blowout debut and just months after its joint acquisition of oil fields in Russia.
