Asia Pacific

Cogobuy Group raised HK$3.4bn ($435.8m) via a placement on Thursday that had Hong Kong International Securities as the sole placing agent, according to a stock exchange filing.

China's GF Securities is planning to increase the size of its syndicated loan to between HK$8bn ($1bn) and HK$12bn from the HK$4bn it had originally sought.

L&T Technology Services’ float could raise as much as Rp9bn ($134.7m) in India, with the company setting the price range for the IPO at Rp850-Rp860 a share.

Dollar investors are getting the chance to assess two first-time issuers, with Emperor International Holdings and Union Life Insurance hitting the road.

The Central American Bank for Economic Integration (Cabei) is back with a Formosa bond just three days after it raised Rmb700m ($105m) in the same market.

Chinese data analytics firm Gridsum Holdings is planning a $75m float on the Nasdaq, according to a draft prospectus filed with the US Securities and Exchange Commission.

Yingda International Leasing, which launched a $200m syndicated loan in January, has modified the deal's terms after a change in ownership.

Major banks and their counterparties in Canada, Japan and the US entered a last gasp drive this week to comply with new margin rules on uncleared derivative trades ahead of Thursday’s deadline. But while most of the market looked to have averted disaster on the day, one of the key regulatory officials behind the rules had harsh words for the way in which they had been imposed.

Raiffeisenlandesbank Oberösterreich has mandated joint leads for its first benchmark euro covered bond and the Bank of Queensland has hired leads to explore options for a potential structure.

Five banks raised more than $10bn in the senior unsecured dollar market this week, exploiting strong demand and at spreads that were in line with where covered bonds would have priced.

Two Indian companies are vying for the UK and Ireland assets of Israeli firm Teva Pharmaceutical Industries and have lined up loan packages to back their bids. Although the results are still some way off, credit starved bankers are excited about the prospects of financing a sizeable acquisition out of India, writes Shruti Chaturvedi.

Malaysian sovereign wealth fund Khazanah Nasional threw open Asia’s equity-linked market this week, issuing a $398.8m exchangeable sukuk to much fanfare. The deal has revived Khazanah’s presence in the market and comes two years after it struggled to pull off a similar transaction. Jonathan Breen reports.