Asia Pacific

Yingda International Leasing has issued modified terms for its latest loan, following a change in ownership.

Over a dozen banks have committed to join China Universal Leasing’s Rmb1bn ($150.5m) onshore loan.

Wuhan Metro Group and Zhuzhou City Construction are set to become the latest Chinese local financing vehicles (LGFVs) to sell international bonds.

Zhejiang Expressway Co is looking to sell equity-linked debt worth up to $400m, testing the market’s appetite for scarce H-share convertible paper as Asian primary issuance remains muted.

Renewable energy is at the very top of Premier Modi’s agenda. Finding the finance to match his ambition will be tough though

Pakistan has seen a visible economic turnaround over the last three years, due to the successful implementation of a comprehensive programme of economic revival to enhance economic growth and achieve sustainable development.

Clio Cosmetics Co is eyeing a listing on the Kosdaq to raise up to W184.4bn ($165m), with bookbuilding set to begin in October.

Thailand-based Kasikornbank’s Hong Kong branch and Malaysia’s RHB Bank navigated a crowded Asia bond market to bag a combined $900m.

DBS Asia Capital has named Anuruk Karoonyavanich as its new CEO, with the appointment effective from October 1.

Debut issuer Jubilant Pharma ventured out to the international bond market on September 29, netting $300m from its first dollar-denominated transaction.

The chances of an off-cycle decision for A-shares to be included in MSCI’s Emerging Markets Index has increased after the index provider launched 20 new China equity indices on September 29 and praised Beijing’s recent reform efforts.

The names of banks backing Indian firm Intas Pharmaceutical’s bid for the UK and Ireland assets of Teva Pharmaceutical Industries have emerged.