Asia Pacific
-
Crédit Agricole CIB has conducted what it believes is a unique green bond issue for its Taiwan branch, in which the issuer, investors and underwriters have together made a “solidarity” payment to a charity, Plastic Odyssey, which works to remove plastic pollution from the oceans.
-
Punjab National Bank has raised Rp18bn ($246.1m) after issuing a block of new shares. The deal drew strong demand from a handful of foreign and domestic financial institutions.
-
Chinese state-owned Sinochem Group, an oil and chemicals company, has returned to the loan market after one year for a $500m deal.
-
Three Chinese companies decided to tackle their refinancing needs on Monday with new bonds, grabbing a short issuance window ahead of a public holiday in Hong Kong and some other Asian markets on Wednesday.
-
JD Logistics has rolled out its long-awaited HK$26.5bn ($3.4bn) listing in Hong Kong, set to be the city’s largest IPO since the beginning of the year.
-
Taiwan’s Quanta Computer is seeking an amendment and extension of an old dollar loan maturing this year.
-
In this round-up, the People’s Bank of China leaves the one year medium-term lending facility rate unchanged for over a year, it plans Rmb25bn ($3.9bn) of bill issuance in Hong Kong, and the Shanghai and Shenzhen bourses approve China’s first public infrastructure real estate investment trusts since the pilot programme’s launch last April.
-
JP Morgan has appointed a new head of financial institutions group (FIG) investment banking coverage for Australia and New Zealand, according to an internal memo seen by GlobalCapital Asia on Monday.
-
BNP Paribas sold its first Samurai bond not to reset to Japanese Libor on Friday, ahead of the risk free rate's cessation later this year.
-
In this round-up, China records the lowest population growth in decades, the pace of credit expansion moderates, and a surge in the country’s factory gate prices adds to global inflation concerns.
-
Chinese road freight company ForU Worldwide is planning a Nasdaq offering of American depositary shares (ADS). It is looking to raise at least $100m.
-
Tuesday's €750m 10 year covered bond from ASB Finance demonstrated commitment to the market according to the bank's Treasurer, Chandu Bhindi, who spoke to GlobalCapital about the deal on Thursday.