Asia Pacific

Shinzo Abe, Japan’s prime minister, who has decided to retire, will be missed by many bankers.

BOSC International, Bank of Shanghai’s investment bank, took an aggressive approach to pricing its $300m bond on Wednesday. Investors balked at the issuer’s strategy, forcing it to settle for a much smaller deal than planned.

Singapore’s property investment company CapitaLand has raised a S$200m ($146m) equivalent bilateral loan linked to both Sora and Sofr, the first of its kind in the country.

Singapore’s Oversea-Chinese Banking Corp (OCBC) raised $1bn from a tier two subordinated note on Wednesday that was priced at a new low.

Standard Chartered has relocated a veteran banker from Taiwan to take on the newly created job of chief executive officer for the Greater Bay Area.

Hong Kong-listed Geely Automobile has filed an application to list on the Shanghai Star board, as it prepares to become the first automaker to float on the bourse.

Chinese property developers China South City Holdings and Kaisa Group Holdings offered generous premiums for their bond outings this week in a bid to ensure strong aftermarket performance.

China Merchants Bank (CMB) sold its first green bond on Wednesday, taking $800m on the back of support from sustainability-focused investors.

Philippine oil refining and marketing company Petron is seeking lenders’ consent to make amendments to two of its old borrowings, following an initial warning in July.

South Korea’s Big Hit Entertainment, the manager of K-pop boy band BTS, is set to launch an IPO worth up to W962.6bn ($811.7m) later this month.

Singapore’s DBS has become the latest foreign bank to receive approval for a majority-owned securities joint venture (JV) in China, as the country continues to open up its financial markets.

Industrial and Commercial Bank of China used its Singapore arm to raise more than planned from a dual-tranche bond on Tuesday, taking a total of $1.8bn after tightening pricing by 40bp on both portions.