Asia Pacific

Ashurst has named Paul Jenkins as a managing partner of the law firm with effect from June 1. He continues to be based in Sydney.

Onshore exchanges are marking rapid growth, as regulations force China shorters to take an increasingly creative approach.

The Asian Development Bank added to a busy few weeks in the Kauri market with a NZ$200m ($140m) five year note on Wednesday.

China Aoyuan Property Group executed a highly popular $250m transaction this week that saw books more than seven times covered, in what was a rare appearance from a Chinese high yield property company in the dollar bond market.

Manulife Financial is set to kick off bookbuilding for its Singapore-bound $500m real estate investment trust (Reit) IPO next week, if feedback from investor education is positive.

Bank Nederlandse Gemeenten has debuted in the offshore renminbi market, becoming one of only a handful of public sector issuers to access the market this year.

State-owned Indian Railway Finance Corp (IRFC) has selected six banks to work on an offshore rupee-denominated bond, also known as Masala bond.

The Shanghai Gold Exchange (SGE) is expanding its international offering with an RMB-priced gold benchmark launched on April 19, with two foreign banks among the initial participants in the auction.

HDFC Standard Life Insurance Co (HDFC Life) could become the first insurance company in India to go public after its board of directors approved plans for its IPO.

The Export-Import Bank of China (Chexim) attracted high quality non-Chinese bidders for its dual currency, triple tranche offering this week. The response shows that demand remains high for mainland credits despite concerns about the country’s growth.

India's Rural Electrification Corp (REC) has sent out invitations for a $120m three year facility via one mandated lead arranger and bookrunner.

China’s National Association of Financial Market Institutional Investors (Nafmii) has published a trial disclosure framework for non-performing loan securitization, paving the way for the first batch of deals to come later this year.