Asia Pacific

South Korea's Incheon International Airport Corp made its debut in the dollar bond market this week, issuing a $300m green bond.

The Republic of the Maldives has tapped its 2026 sukuk for an additional $100m, bringing the total deal size to $300m.

WuXi Biologics Holdings has raised HK$11.5bn ($1.49bn) after increasing a sale of shares in subsidiary WuXi Biologics (Cayman).

In this round-up, Beijing decides to leave ‘clean coal’ out of the latest list of eligible projects for green bonds, stock exchanges in Shanghai and Shenzhen plan to tighten approval for bond issuance, and the first batch of public infrastructure real estate investment trusts (Reits) are being reviewed at the two bourses.

Red chip issuer China Power International Development raised Rmb2bn ($308m) from a three year bond last week, raising the money largely to pay a mix of offshore and onshore bank loans.

Philippines-based Monde Nissin has won regulatory approval to launch its IPO next month.

Thailand’s Gulf Energy Development Public Co is in talks with a large group of banks for a bridge loan of about Bt170bn ($5.3bn) to support its acquisition of Intouch Holdings. Pan Yue reports.

PowerGrid Infrastructure Investment Trust has fixed the price band for its Rp77.3bn ($1.03bn) IPO, which is set to open later this week.

China Huarong Asset Management's dollar bonds dropped again on Monday, after the company pushed its 2020 earnings announcement back further.

SF Real Estate Investment Trust has started pre-marketing its Hong Kong listing, a rare sighting of the asset class in the city.

Chinese health insurance and healthcare crowdfunding platform Waterdrop has kicked off pre-deal investor education for its US listing, according to a source close to the IPO.

Indian agrochemical company UPL Corp has received strong response for its sustainability-linked loan during general syndication, allowing it to increase the size to $750m.