Asia Pacific
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India Toll Roads sold its first dollar bond on Tuesday, becoming just the latest issuer from the country amid an expected surge of supply this year. -
Chinese bond investors welcomed the issuance of new ‘carbon neutrality bonds’ this week. Six companies raised a combined Rmb6.4bn ($994m) in the format, supporting Beijing’s goal of net zero carbon dioxide emissions by 2060.
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Chinese property company Huafa Industrial Co Ltd Zhuhai raised $200m from the sale of a sub-one year note on Tuesday.
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China Taiping Insurance Group Co has raised a HK$8.7bn ($1.12bn) loan to refinance debt taken for the acquisition of an office building in Hong Kong.
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Baidu has become the latest technology company from China to tap the loan market, breaking a four-year absence from syndication for a $3bn transaction. The company wants to take advantage of the growing popularity of tech deals among bank lenders. Pan Yue reports.
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The Asian Development Bank has sold its first ever education bond. The proceeds will go towards financing technical and vocational training for educators in the Asia Pacific region.
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Hong Kong’s stock exchange operator has named Nicolas Aguzin, chief executive of JP Morgan’s international private bank, as its new CEO.
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Chinese regulators have made a long overdue move to reduce the number of boards at the Shenzhen stock exchange. That points to a greater commitment towards streamlining the country’s sometimes confounding capital markets.
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Solar and wind power company ReNew Power added further momentum to India’s green bond market this week with a new $460m deal.
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China-based Betta Pharmaceuticals, a developer of cancer treatments, is planning a Hong Kong IPO, having filed draft paperwork with the city’s stock exchange on Monday.
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India's UltraTech Cement sold Asia’s second dollar sustainability-linked bond (SLB) this week as the instrument steadily gains traction among issuers.
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Mining Industry Indonesia, a holding company for the government’s stakes in five domestic mining firms, is seeking an up to $750m borrowing from the loan market.
