Asia Pacific

Ngai Shun Holdings is planning a HK$903.87m ($116.57m) rights offer with the support of just one underwriter, as it faces a tough time raising funds from investors and banks.

Shanghai Pudong Development Bank (SPDB) returned to China's domestic green bond market last week, less than two months since its last transaction.

The Government of Mongolia is out with a 144A/Reg S bond, more than two months after holding meetings with potential investors. Delayed by a series of negative macro factors, the sovereign is offering an attractive yield when compared with its outstanding notes.

Huishang Bank Corp has received approval from its board to issue an offshore bond to replenish its additional tier one capital, in a deal that will be the issuer’s debut in the international debt market.

Four lenders are close to being mandated for a $400m fundraising for Maybank, according to sources.

Bursa Malaysia has announced a handful of changes to its listing requirements as it tries to improve disclosure standards and corporate governance practices on its stock markets.

Dutch lender ABN Amro returned to the Singapore dollar bond market for the first time since 2012, raising S$450m ($331m) with a tier two offering.

Indonesian department store operator Rimo International has set a new date to obtain shareholder approval for its Rph7.52tr ($576.78m) rights issue, according to a filing.

Mongolian Mining Corp (MMC) has failed to pay banks instalments and interest related to loans it raised in 2014, according to a filing with the Hong Kong Stock Exchange.

Nameson Holdings is braving the pre-Easter lull with a HK$665m ($86m) Hong Kong IPO, which launched on Thursday with the parent of Japanese clothing chain Uniqlo among its cornerstone investors.

Yunnan Provincial Investment Holdings Group (YIG) attracted strong demand for its maiden dollar bond on Wednesday as its link to China’s provincial government worked in its favour.

Tata Steel is expected to offer banks a much higher return for a refinancing related to its Canadian operations than it paid for its recently concluded $1.5bn facility, according to sources.