Asia Pacific

Hong Kong-listed Regal Hotels International Holdings has mandated banks for a dollar-denominated offering, and is set to start investor meetings on Tuesday.

The Hong Kong unit of Global Logistic Properties has launched on Monday what market participants are calling the first public Panda bond from an international corporate.

State-owned Korea Gas Corp (KoGas) has gone out with its first international bond outing of the year, launching a dual-trancher dollar trade on Monday morning.

Shenzhen Expressway, which held a roadshow earlier this month for its first international bond in more than four years, has kicked off bookbuilding for a five year trade.

MUFG Securities Asia has poached a former Westpac executive to head its asset-backed securities unit for Australia and New Zealand as the Japanese brokerage extends its international reach.

The Sri Lankan government is making a comeback to the bond market, launching a dual-tranche dollar transaction on Monday morning.

Citi has named Jason Rekate as its new head of the corporate banking division in Japan.

Warehouse developer China Logistics Property Holdings Co has added HK$3.4bn ($438.3m) to its coffers after sealing a Hong Kong IPO at the top of price guidance, according to a source close to the deal.

Chongqing Grain Group sealed a successful Rmb1bn ($150m) dim sum bond on Thursday, coming close on the heels of Bank of China, which raised a mammoth $3bn in currencies including offshore renminbi, dollars and euros.

ICBC Luxembourg became the Chinese lender’s fourth overseas unit to issue a fixed rate dollar bond this year, raising $800m from a three year offering.

India’s HT Global IT Solutions Holdings took a two-pronged approach to pricing its $300m high yield bond on Thursday as finding the best comparables posed a challenge.

Yihai International Holding has priced its IPO towards the top end of guidance, raising HK$858.0m ($110.6m).