Asia Pacific

Hong Kong-based insurer FWD priced a $250m subordinated, perpetual dollar denominated note on Tuesday off the back of a $6.75bn order book, making the deal around 26 times covered.

Nanya Technology Corp got the convertible bond market in Asia off to a fabulous start this week, with demand far exceeding supply on its $500m return to equity-linked.

The head of debt syndicate for Asia Pacific at Natixis is understood to have resigned from the bank.

Sri Lanka has invited feedback from banks for a $1bn sovereign loan, with two bank groups said to be competing for the deal.

Hong Kong’s market watchdog has named Standard Chartered and UBS as defendants in a suit over the botched 2009 IPO of China Forestry Holdings Co.

Bank of Communications' investment banking arm is set to separate from its parent and list in Hong Kong, according to a draft prospectus it filed with the city’s bourse.

State Bank of India wrapped up Asia ex-Japan's first dollar bank issuance of the year while navigating a crowded primary market this week, snapping up $500m from a senior five year.

India’s Reliance Industries is continuing a refinancing spree that began last year. It has started speaking to banks for a syndicated loan facility that will consolidate several bilateral deals.

TPG Stallion Holdings has raised HK$542.7m ($70.0m) after offloading a chunk of its shares in Chinese firm Li Ning Co.

Hong Kong's United Photovoltaics and Chinese issuers Reward Science and Technology Industry Group Co, Beijing Capital Group and Yuzhou Properties Company all launched new dollar transactions Wednesday amid a flurry of pre-holiday issuance.

Donald Trump’s US presidential victory shook markets and whatever ‘Trumponomics’ turns out to be, the early evidence is that the normal rules will not apply. But for all the turmoil Trump has created as president-elect, his term in office may not devastate Asia the way some expect. His style of leadership might even bring just the spark Asian markets need.

Details of the long-awaited China-Hong Kong Bond Connect scheme are set to be unveiled soon by the Hong Kong Exchange (HKEX), providing a whole new asset class for Mutual Market Access investors.