Asia Pacific

The Hong Kong subsidiary of Chinese conglomerate Peking University Founder Group has hit the syndicated loan market for a financing of $80m with one bank at the helm.

South Korea’s Woori Bank, which sent out a request for proposals for an offshore bond earlier this month, has hired banks to arrange meetings with investors.

Two units of the Japan Post group have priced their IPOs at the top of the range, bolstered by strong demand from long-onlys and retail investors eager to get a slice of the country's biggest listing in years.

Dongfeng Motor Group is set to make its debut in the euro-denominated bond market on Tuesday, as the company aims to raise proceeds to pay back part of a bridge loan in the currency.

Short-end CNY swaps were well offered this morning after the US softened its official assessment on the yuan and the PBoC injected liquidity into the system. An early steepening move then pushed receivers into the mid-sector of the curve. In addition, the PBoC is planning a CNH bond issue, writes Deirdre Yeung of Total Derivatives.

The People’s Bank of China (“PBoC”) has opened books to its debut one year offshore central bank note in the Asia morning at 3.30% area on October 20.

GlobalRMB spoke to senior transaction banking executives throughout the Sibos 2015 conference held in Singapore last week. A common theme emerged: the RMB is presenting massive opportunities for banks nimble enough to follow China along its path to liberalisation. In this first piece, Lisa Robins, head of global transaction banking at Deutsche Bank, told GlobalRMB how much China's transformation has surpassed expectations so far.

Noble Group has wrapped up a new $1.1bn borrowing, making a comeback to the loan market just six months after completing a larger syndication.

China Reinsurance priced Hong Kong’s third largest IPO of the year at the top of the range to raise HK$15.58bn ($2.01bn), drawing an outpouring of interest from global investors. The trade has buoyed hopes among equity capital markets bankers as they seek to put a sullen summer behind them.

Coffee Day Enterprises has priced its Rp11.94bn ($183m) IPO at the top end of guidance, finding more than enough demand from investors. The deal’s success, particularly thanks to interest from institutional accounts, has paved the way for the next big Indian listing as InterGlobe Aviation gets ready to take off.

Sino-Singapore Tianjin Eco-city (SSTEC) and Rizal Commercial Banking Corp are both eyeing the offshore bond market, with the issuers hiring banks for their respective offerings.

Nine lenders have come on board a $250m loan for General Interface Solution (GIS), a provider of touch-based technology, leading to an oversubscription.