Asia Pacific

China Development Bank sealed a $1.56bn dual-currency bond on September 29, coming to the market on a day of immense volatility in global stocks. But anchor orders helped save the deal, which saw very little demand from international investors.

China Reinsurance is slated to start gauging demand for its $2bn Hong Kong IPO on October 5, with books set to open a week later, according to a banker working on the transaction.

There was a time when Bogotá’s public transport system looked a bit like that computer game where the frog has to get across a highway without being flattened. The streets were gridlocked with buses, and not with any sense of co-ordination among them.

Commerzbank has lost a senior member of its Asia DCM syndicate team, according to a source close to the move.

Wynn Resorts Macau (WRM) announced on September 30 that it has expanded both the size and maturities of its existing secured bank facilities.

Shandong Weigao Orthopaedic Device Co is taking another stab at a Hong Kong listing, tweaking the list of sponsors leading its deal.

ANZ has received the final regulatory approval from the Central Bank of Myanmar to open its first branch in the country, deepening the Australian lender's presence in the Greater Mekong region.

Sandhar Technologies has filed a listing application with the Securities and Exchange Board of India, with ICICI Securities, IDFC Securities, IIFL Holdings and Jefferies leading the trade.

CME Group, the world’s largest derivatives marketplace, has entered into a co-operation agreement with the China Foreign Exchange Trade System (CFETS), the top trading platform in the country for RMB products, CME said on September 25. Meanwhile, ParFX, a wholesale electronic trading platform, announced on September 23 it was adding the RMB to its currency trading platform.

Commodities trader Trafigura has seen big success with its syndicated loan, bumping up its fundraising to $2.2bn from the launch size of $1.6bn.

The Reserve Bank of India unveiled the final framework for rupee-denominated offshore bonds, also known as Masala bonds, on September 29 following consultation with market participants.

Bank of China Paris branch, BNP Paribas, HSBC France and Natixis are to share euro/offshore RMB (CNH) exchange rate information, financial organisation Paris Europlace said in a September 24 press release.