Asia Pacific

Chinese issuers continued to bombard the dollar bond market on Thursday. Hangzhou Financial Investment Group Co, Yankuang Group Co and ZhongAn Online P&C Insurance were among those that sold deals.

Thai oil and gas company PTT Public Co sold the first 50 year bond from an Asian corporation on Thursday, raising $700m from a tightly-priced deal.

China Bohai Bank has priced its Hong Kong listing just off the floor of the marketed range to raise HK$13.8bn ($1.78bn).

KKR has closed two bilateral loans to support its acquisition of Vinhomes Joint Stock Co, GlobalCapital Asia understands.

Olam International has made a quick return to the loan market, raising a ¥25bn ($233m) Samurai facility.

Chinese private equity firm Yunfeng Capital trimmed its position in Alibaba Health Information Technology with an upsized block trade on Thursday, its second sale of the stock this year.

Tianjin Great Wall Binyin Automotive Finance, the funding arm of domestic carmaker Great Wall Motors, sealed its first internationally rated auto securitization deal on Thursday. The Rmb3.37bn ($481m) deal attracted decent demand from foreign investors.

Japanese duo Mizuho and Nomura both hit the market with new issues on Monday as the primary market re-opened on a positive note following the July 4 holiday weekend.

Bohai Bank wrapped up a billion-dollar-plus Hong Kong IPO this week. The issuer, one of China’s last remaining joint-stock commercial banks to go public, rode the tail end of a hot period for the city’s IPO market. Jonathan Breen reports.

Philippine issuers are flooding the market with dollar bonds, giving investors an unprecedented selection of deals from the country. There is plenty more to come. Morgan Davis reports.

Studio City Finance restructured its debt portfolio with a $1bn bond sale on Wednesday.

ABC International Holdings raised $450m from a three year bond on Wednesday, thanks in part to backing from the 23 banks that ran its transaction.