Asia Pacific
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Yihai International Holding has narrowed the price guidance on its up to HK$889.2m ($114.6m) Hong Kong IPO to the upper half of the marketing range, said a source close to the transaction.
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Indian state-owned oil companies Bharat Petroleum Corp, Indian Oil Corp and Oil India have sent out separate requests for proposals for borrowings totalling $1.9bn to finance their acquisition of a stake in an East Siberian oilfield.
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Hon Hai-owned Foxconn Interconnect Technology, also known as FIT Hon Teng, is eyeing a listing in Hong Kong that could fetch up to $600m after the summer, said sources close to the deal.
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Metropolis Healthcare is planning to ride on the strong interest among investors in India’s healthcare sector and sell shares in an IPO.
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UBS has promoted Choo-Guan Yeoh to the newly created position of head of ASEAN equities, putting her in charge of development of the business in the region.
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Postal Savings Bank of China Co is seeking approval from the Hong Kong Stock Exchange to list, in a deal that could raise up to $8bn, according to sources familiar with the matter.
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Bank of China has hit the market for its multi-currency green bond, with an offshore renminbi portion in only the second time a green dim sum bond has been sold.
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China National Chemical Corp held a roadshow on Tuesday in Hong Kong for banks invited to join its $12.7bn loan in general syndication, as it looks to tie up funds for its acquisition of Swiss firm Syngenta.
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Credit Suisse has promoted Ali Naqvi to head of global markets for Asia Pacific from co-head and put him in charge of both equities and fixed income, according to sources close to the move.
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The Treasury Corp of Victoria has mandated National Australia Bank to lead an Australian dollar green bond.
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Pakistan’s equity capital market suffers from a lack of high quality listed companies and initiatives are needed to boost the market as a whole, according to a new plan from the country’s regulator.
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Indian company Piramal Healthcare has sealed a $145m refinancing bridge loan with four lenders.