Asia Pacific
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Singapore-listed Frasers Centrepoint (FCL) has signed a £300m ($468.5m) five year acquisition loan via Frasers Hospitality UK Holdings.
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Kino Indonesia has started pre-marketing its IPO to investors, as the fast-moving consumer goods company seeks $100m to $150m from a domestic listing.
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In this round-up, Moscow Exchange sees drop in RMB swap and spot trading in September, RMB denominated trade settlement reaches new record in Q3 2015, Taiwan RMB deposits see slight fall in September, HKEx plans launch of new RMB metal contracts, and BAML finds investor sentiment improved on China.
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After weeks of volatility and fractious executions in Europe's corporate bond markets, BHP Billiton has pulled off the biggest ever corporate hybrid bond sale, proving investors are open to buying even quite challenging deals, if they come with lashings of yield, writes Ross Lancaster.
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Development Bank of Japan sold over half of its second sustainability bond to SRI investors on Wednesday and will continue to monitor the market for future green opportunities, say bankers.
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Rentenbank has responded to pent-up demand for Australian dollar paper with the largest long dated Kangaroo bond from a public sector borrower since July.
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Members of the Asian structured finance community came together this week to attend a conference hosted by the Asia Securities Industry & Financial Markets (Asifma). Unsurprisingly, most of the talk hovered around China and the huge potential of its ABS market.
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HSBC has rejigged its debt syndicate team in Hong Kong, relocating Agustin Gargallo from New York. The change comes at the same time that Edward Morgan, part of the firm’s syndicate team in Hong Kong, is leaving the bank.
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Asia ex-Japan’s morose equity-linked market is poised for a shake-up after China’s National Development and Reform Commission (NDRC) overhauled its rules for foreign debt sales, allowing H-share issuers to dive back into convertible bonds.
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Australia and New Zealand Bank and Crédit Agricole have beefed up their respective Asian loans teams with new appointments.
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BoC Aviation has notched up a new landmark for Asia by becoming the first issuer from the region to sell an aircraft leasing ABS. Market observers are buoyed by the landmark transaction and hope it will spur similar deals from Asia and particularly China, writes Rev Hui.
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Mitsubishi UFJ Lease & Finance has priced its second dollar bond of the year, with its safe haven status attracting a strong following despite a sovereign rating downgrade.