Asia Pacific

Private equity firm KKR has closed its first Asian Infrastructure fund at a chunky $3.9bn, raising money to support investments in the sector across Asia Pacific.

Chinese electric vehicle manufacturer Nio is tapping the equity-linked market for a jumbo convertible bond, as it looks to add more to its coffers just a month after a multi-billion-dollar share sale.

Vingroup Joint Stock Co has launched an up to $400m loan to the market.

Société Générale failed to match BNP Paribas for demand in the sterling market on Monday, after following its peer by launching a new non-preferred senior trade in the currency.

Indonesian garment company Pan Brothers has been downgraded by Fitch Ratings for the third time in the past three months as a result of refinancing pressure.

The National Highways Authority of India has picked banks for the potential Rp50bn ($680.5m) IPO of an infrastructure investment trust, according to a source close to the deal.

New World Development Co printed Asia ex-Japan’s first sustainability-linked bond last week, raising $200m from the transaction. The Hong Kong-based property developer's deputy chief financial officer and its head of sustainability spoke to GlobalCapital Asia on Monday about why the firm ventured into this asset class and the challenges it faced.

Linklogis, a technology-based supply chain finance company, is planning to float in Hong Kong, and has filed a draft IPO prospectus with the city’s stock exchange.

Thai conglomerate Charoen Pokphand Group will likely tap both the bond and loan markets to take out a bridge facility raised last year for the acquisition of retail giant Tesco’s Asia business.

Indonesian chicken producer Widodo Makmur Unggas is aiming to raise up to Rph1.18tr ($84m) from the country’s largest IPO in over a year.

UBS has appointed Axel Granger as head of M&A and head of financial sponsors for southeast Asia, a newly created position at the bank.

Hong Kong-based energy firm Fortune Oil has returned to the loan market. It is seeking $400m-equivalent to refinance an old borrowing sealed in 2018.