Asia Pacific

Frasers Hospitality Real Estate Investment Trust has launched a rights issue to raise up to S$266m ($195.1m), according to a filing with the Singapore Exchange.

State-owned oil giant China National Offshore Oil Corp is talking to banks for a $1bn refinancing linked to its Australian investments.

Asia’s oldest bourse, the Bombay Stock Exchange, has taken a step closer to its highly anticipated IPO, while IRB Infrastructure Developers is preparing to launch India’s first infrastructure investment trust.

China New University Group Co and Luzhou Xinglu Water Co are looking to float in Hong Kong, and have filed for IPO approvals with the city’s exchange.

Powerlong Real Estate Holdings made a bold move coming to the market on the last day of a frantic week in Asia's debt capital markets. But it found its deal 2.7x covered and got away with tight pricing.

ASEAN’s capital markets regulators are working on a plan to grow the domestic bond markets of Cambodia, Laos, Myanmar and Vietnam (CLMV), with the Securities and Exchange Commission Cambodia (SECC) leading the charge.

Yes Bank has pulled what could have been India's largest qualified institutional placement this financial year, citing extreme volatility in the market.

In one of the busiest days recently for Asian debt capital markets, investors gobbled up $2.2bn worth of issuance on Thursday — all from Chinese names.

A unit of the Yuexiu Group is in the market for a HK$2.3bn ($296.7m) loan, which has launched into general syndication under DBS as sole mandated lead arranger and bookrunner, said sources.

State Bank of India has mandated seven firms to arrange a dollar-denominated bank capital additional tier one offering — the first deal of its kind from the south Asian country.

China National Chemical Corp’s $12.7bn acquisition loan for Syngenta drew commitments from some 17 lenders, with the deal closing well oversubscribed, said bankers close to the matter.

Twelve banks, including bulge brackets like Goldman Sachs and Morgan Stanley, are jockeying for pole position on Specified Undertaking of the Unit Trust of India’s (Suuti) planned sell downs.