Asia Pacific

South Korea’s KEB Hana Bank has gone live with the first international bond since its merger, launching a dollar deal on Wednesday morning.

Indian lender Yes Bank signed a memorandum of understanding with the London Stock Exchange (LSE) on Tuesday to develop bond and equity issuance that focus on green infrastructure finance.

As Chinese companies go on an M&A shopping trip in Europe in 2016, the European loan market will benefit from the China’s spending spree.

Hungary is planning a €1bn bond this year, but is also still looking for a window in the near future in which to issue a dim sum transaction.

Six Japanese lenders have arranged a $1.2bn loan for Abu Dhabi National Oil Company (ADNOC) as part of a $3.3bn loan arranged by Japan Bank for International Cooperation (JBIC) to ensure oil supplies for Japanese companies.

Doosan Group exited from Korea Aerospace Industries this month via a block, which in a move away from traditional sell-downs in Asia, was executed as a private placement. Privately placed blocks appear to be emerging as a new solution for deals during tough times — and it’s an approach that other South Korean vendors should replicate.

Boustead Holdings is seeking to raise MR1.05bn ($244.88m) in a two-for-five rights offering, as it looks to grow its property development and investment businesses.

The People’s Bank of China will impose reserve requirement ratio (RRR) on offshore RMB deposits starting from January 25, the central bank said on Monday. Many market participants reckon the move shows the determination of the PBoC to stabilise the renminbi.

China Railway Construction Corp has priced the first H-share convertible bond in Asia ex-Japan since 2007, raising $500m to get this year’s equity-linked market rolling.

Goodbaby China has kicked off pre-marketing for a potential $200m IPO and could start the roadshow next week, according to market sources.

Grand Capital International, a subsidiary of SinoPac Financial Holdings, is tapping dollar liquidity in Taiwan for a $220m three year loan.

The Republic of the Philippines plans to execute a $2bn deal in the first half of the year, consisting of a bond swap to extend maturities and a new transaction as part of its ongoing liability management efforts.