Asia Pacific

Guorui Properties sealed a $300m debut international deal after offering investors a slightly unusual structure in order to secure a lower yield.

India’s RMZ Corp is looking to spin off its assets into a real estate investment trust (Reit), with the IPO possibly raising some Rp20bn ($305m).

Bharat Petroleum Corp (BPCL) has approached banks for a $150m five year bullet to take out the remainder of a $750m bridge raised through three bilaterals last year.

A group of four lenders are close to clinching the mandate for a financing to support the purchase of a stake in Indian data analytics firm Mu Sigma.

Fujian Zhanglong Group is tapping its three year bonds from last year for a second time, opening books on a quiet Wednesday as the market awaits announcement from the FOMC meeting.

C C Land Holdings is planning a rights issue worth HK$2.65bn ($341.35m) to top up its working capital after it bought London's iconic Leadenhall Building, also known as the Cheesegrater.

The Bond Connect scheme allowing foreign investors access to the Mainland bond markets will materialise in 2017, Chinese premier Li Keqiang announced during a press briefing on March 15.

UBS has poached a senior banker from Goldman Sachs to head China advisory sales for its joint venture in the Mainland, according to a memo seen by GlobalCapital Asia.

Canada-based asset manager Manulife became the first foreign investor to obtain its investment wholly foreign-owned entity (WFOE) licence on March 15, the firm said in a statement.

Oversea-Chinese Banking Corporation (OCBC) stepped into the euro covered bond market for the first time with a well received €500m deal that capitalised on strong technical demand in the five year part of the curve.

You wait for one and then three come along at once. A trio of major Chinese technology firms have approached the loan market for funding said to be in a region of a combined $13bn, GlobalCapital Asia understands.

The cloud hanging over South Korea’s financial markets has been lifted after the country’s president Park Geun-Hye was ordered to resign her office last week, impeached following a six month influence peddling scandal involving her close friend Choi Soon-Sil.