Asia Pacific

Tencent is said to be sounding out lenders for yet another multi-billion dollar borrowing following it's recent offer game for game developer Supercell. The move comes after the Chinese technology firm has already raised $6.89bn from syndicated loans in the past seven months.

Everything fell into place for the Sri Lankan government’s return to the debt market on Monday when it sealed $1.5bn from a dual-trancher, shrugging off concerns about its fiscal problems and recent rating downgrade.

A trio of new names are joining Credit Suisse’s investment banking and capital markets (IBCM) team in China, as it looks to bolster its onshore business.

A $725m loan for Indonesia Eximbank that hit general syndication at the end of May has attracted commitments from 24 lenders.

A total of 12 banks have participated in the $3bn loan for Tengizchevroil (TCO), the Kazakh oil field joint venture. Banks could choose from a range of ticket sizes.

Kazakhstani crude oil company Tengizchevroil (TCO) has picked a raft of banks to manage a debt sale that will help to finance a $36.8bn expansion project.

Telefónica Internacional carried out the second weekend block trade of the year to raise HK$2.82bn ($363.43m) for its China Unicom sell-down, and the unusual timing worked in the vendor’s favour.

Cement producer TCC International Holdings has chosen a group of four lenders to helm its latest $450m outing in the syndicated loan market.

Volkswagen Finance Services ventured into the China auto ABS market for the second time this year with its Rmb2.99bn ($446m) Driver China Four offering – the company’s tightest priced securitization in the country.

Banks are hoping for opportunities to finance loans arising from a potential spin-off of the communications, media and entertainment (CME) assets of Hong Kong conglomerate Wharf Holdings.

India’s L&T Infotech has kicked off bookbuilding for its up to Rp12.4bn ($184.9m) IPO after placing a third of the offering with anchor investors.

India’s government has kicked off a plan to offload its minority stakes in 51 listed and unlisted companies, issuing a request for proposals to select three banks that will lead the share sales.