Asia Pacific

Logan Property Holdings raised a quick $200m from five non call three notes on Thursday, two years after its last international public transaction.

International Business Settlement Holdings, formerly known as Chaoyue Group, has closed a HK$1.6bn ($206.1m) equity fundraise just before Christmas.

China and Russia are forging ahead with closer financial market ties, with the Moscow Exchange (Moex) and Shanghai Stock Exchange (SSE) looking to facilitate two-way investments between the countries. This comes as the Russian ministry of finance is still finalising plans for the first RMB-denominated bond to be issued in Russia.

Sutures India has called for pitches from banks as it prepares to raise more than $100m in an IPO next year, said bankers close to the matter.

China’s private banking industry is growing in leaps and bounds. High- and ultra-high-net-worth mainland customers are increasingly mobile, demanding best-in-class service from their financial providers. Banks are adapting to the changing world, rolling out innovative and sophisticated services to their high-end clientele. In recognition of China’s advances in the field, Asiamoney is proud to announce the winners of its awards for best mainland private banks for 2016.

China Development Bank Corp’s securities arm has raised more than Rmb3.6bn ($518.3m) from two state investors, in what the lender said was a prelude to an IPO.

Heavy demand for a HK$2.8bn ($361m) loan for Permira's leveraged buyout of Tricor Holdings has led to a big scaleback in allocations to banks.

The Export-Import Bank of China raised Rmb1bn ($143.8m) from its debut green bond this month, marking the first green debt to be sold by a policy bank in the Mainland.

China New Town Development Co has appointed BNP Paribas as a placing agent to help meet the free float requirement in Hong Kong once its delisting from the Singapore bourse is completed.

Fitch has revised Indonesia’s outlook to positive from stable, citing a combination of factors including low government debt burden, favourable growth prospects and limited exposure to banking sector risks.

Irish funds could soon be making waves in China’s onshore capital markets thanks to a Rmb50bn ($7.2bn) Renminbi Qualified Institutional Investor (RQFII) quota awarded to Ireland this week.

Wanda Commercial Properties Hong Kong is due to sign a syndicated loan facility at $487.5m, slightly lower than the launch size of $500m. But a few more banks that were unable to make the deadline are expected to come in later, which will allow the company to boost the deal size.