Asia Pacific

Georgia is returning to the bond market after its existing dollar notes matured just days ago.

Chinese financial technology company Ant Group Co will transform itself into a financial holding company as part of a government mandated restructuring that will affect its key payments, consumer lending and wealth management businesses.

An affiliate of department store Sogo Hong Kong has returned to the loan market for a HK$8bn ($1bn) deal to refinance a borrowing from 2016.

Riddhi Shah, head of Asia Pacific financing group (AFG) trading at Credit Suisse, has resigned after more than two decades with the Swiss bank.

Indonesia's Bank Mandiri has sold its first sustainability bond, raising $300m after an order book that was more than 10 times subscribed at its peak.

Metallurgical Corporation of China navigated tricky bond market conditions to raise $500m on Monday at a negative new issue premium, thanks to its standing among investors and the scarcity of state-owned perpetual deals.

South Korean auto company Kia Corp made its green bond debut on Monday with its first dollar deal since 2017, pricing both tranches at tight levels due to strong support from ESG-focused investors.

Petron Corp, a Philippine oil company, raised $550m from a senior perpetual bond sale this week.

Shriram Properties is gunning for an IPO of about Rp8bn ($117.3m) in India. The company announced its plans as fellow real estate company Macrotech Developers sealed its deal at the top of the price range.

Casino operator Genting Malaysia bagged $1bn from a 10 year bond on Monday, surpassing the size expectations for the trade.

BIMB Holdings, a Malaysian financial holding company that is in the midst of a restructuring, is looking to raise about MR795.6m ($192.4m) from a primary placement of new shares.

BPCE and Rabobank are in the market for Aussie dollar senior paper, with bankers expecting a busy April as a slew of financial issuers refinance maturing bonds.