Asia Pacific

ICBC Financial Leasing was out in the dollar bond market on Thursday, enticing bids for a Reg S/144A offering that is split into three portions.

CDH exited from Luye Pharma Group via a HK$717.96m ($92.51m) accelerated share sale on Wednesday, but the stock dropped well below the pricing level in the aftermarket.

It pains me to say it but there is a tendency among us bankers to take credit for victories and shift the blame for wrongdoing onto anyone else. It is of course a tricky art to perfect, as one of my friends recently discovered the hard way.

Myanmar Thilawa SEZ Holdings is set to float on the Yangon Stock Exchange, in what will be the country's second ever IPO.

China International Capital Corp sealed a highly popular $500m debut bond on Wednesday, ending up eight times covered, despite pricing inside the curve of closest rival Citic Securities.

Phnom Penh Special Economic Zone (PPSEZ) has reached the last stage in going public, wrapping up bookbuilding for what will be Cambodia’s fourth float. Chief financial officer Fong Nee Wai told GlobalCapital Asia that the strong presence of Thai investors took him by surprise, but the IPO's success was thanks to them.

Tissue paper maker Youyuan International is tapping the loan market for a $120m 3.5 year facility, marking its return after a gap of two years.

Singapore’s army of private bank accounts were spoilt for choice this week with a triple-whammy of bank capital transactions that suited them perfectly — an additional tier one from United Overseas Bank and tier two offerings from Société Générale and National Australia Bank.

Chinese bond issuers have suffered from declining interest from European and US investors, as concerns about the slowdown on the mainland has an impact. But with quasi-sovereign State Grid Corp of China sealing its first euro-dollar trade this week, it has demonstrated that, with the right strategy, issuers can find a way to dispel cynicism. Narae Kim reports.

Zhejiang Geely Holding Group is to start gauging investor interest this week for what would be the auto firm’s first green bond.

BOC Aviation is set to raise at least HK$8.7bn ($1.1bn) from its Hong Kong IPO, as it looks to kick off bookbuilding next Monday with a fixed price.

Manulife US Real Estate Investment Trust (Reit) is set to become Singapore’s first IPO of the year, a welcome development for a stock exchange that has suffered from plummeting deal flow. It may just be what the market needs to get going again, writes Jonathan Breen.