Asia Pacific

Singaporean issuer DBS Bank is set to close its first euro covered bond, four months after putting the transaction on hold.

BPCE was looking to launch the first ever non-preferred senior bond in the Samurai market this week, as European banks aim to broaden the range of debt securities they offer to yen investors.

Securities and Exchange Board of India (Sebi) has hit investment trusts with another hurdle by adding limits to the number of units a mutual fund can hold. Meanwhile, the regulator has also approved plans to increase the transparency of backdoor listings.

The bank has reshuffled its management team in commercial banking in Asia, with senior bankers taking on new roles, according to a press release it sent out on Monday.

The fixed income product offering of Shanghai Free Trade Zone is about to expand with Shanghai International Port Group (SIPG) gearing up for a Rmb500m ($73m) one year commercial paper.

The Bombay Stock Exchange has announced a marketing range for its long-awaited IPO in India, leaving no doubt that the Rp12.4bn ($182m) deal will price at the top of expectations.

The latest syndicated loan for ZhengTong Auto Services, a luxury auto dealership, has wrapped up at $409m, racing past the launch size of $300m as Chinese lenders came in with big commitments.

China Development Bank Corp has turned its sights on adollar-euro transaction to start its 2017 debt issuance.

Issuers anxious to meet with investors before the Chinese New Year are kicking off the week with roadshows around Asia. Beijing Capital Group, Qinghai Provincial Investment Group, China Huarong Asset Management, and Indonesia’s Pan Brothers are all pursuing dollar bonds.

Zhongce Rubber Group is seeking liquidity in the international syndicated loan market for a $300m deal.

High yield real estate names Times Property Holdings and Yanlord Land Group are marketing their respective dollar-denominated bonds on Monday morning, looking to lock in early funding for the year.

Citi has appointed Paulus Mok, a 22-year veteran of the US bank, as its country officer for Taiwan.