Asia Pacific
-
Wells Fargo (A/A2/A-) offered two Australian dollar deals to the market this week, totalling A$1.65bn ($1.24bn). -
India’s Yes Bank is eyeing Taiwanese liquidity for a $100m term loan that comes with an undisclosed greenshoe option.
-
Credit Suisse has made two senior appointments to its Japan’s investment banking and capital markets division, poaching from Deutsche Securities.
-
The Asian loans teams at three banks have seen changes recently following exits in Hong Kong and Singapore.
-
China Minmetals Corp printed its first dollar bond of the year on Wednesday, replicating the same structure as its last outing a year ago. While some market participants reckoned the issuer was aggressive with pricing, the secondary performance of the notes indicated otherwise.
-
China Jinjiang Environment Holding Co has bagged S$184.3m ($135.8m) after wrapping up a Singapore listing, in a rare transaction from a mainland company.
-
The Singapore Exchange’s reputation took a beating after its longest ever trading disruption last week, although the incident had minimal impact on equity capital market desks, said bankers.
-
CDB Capital, a wholly-owned subsidiary of China Development Bank Corp, has mandated banks to arrange a roadshow from Friday for a Reg S only dollar trade.
-
Singapore’s authorities are set to take action against multiple banks where they have discovered failings in anti-money laundering controls relating to Malaysia’s scandal-hit investment fund 1MDB.
-
Invitations are out for commodities trader Trafigura’s annual Asian financing, which as in the past couple of years includes a renminbi tranche.
-
The renminbi suffered a setback and was overtaken by the Canadian dollar as the fifth most used currency for payments globally, according to the Society for Worldwide Interbank Financial Telecommunication’s (Swift) RMB tracker for June.
-
EC World Real Estate Investment Trust has sealed its S$346.4m ($255.2m) Singapore listing after a wealth of interest from Chinese investors pushed pricing near the top of guidance, according to a source close to the IPO.
