Asia Pacific

Ayala Land, one of the Philippines’ largest property owners, has filed an IPO application for a real estate investment trust (Reit), the country’s first public offer of the asset class.

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In this round-up, the presidents of China and the US held a phone call amid the outbreak of the novel coronavirus, the Mainland central bank is on track to issue its first renminbi bills of the year in Hong Kong next week, and regulators are giving issuers more time to prepare for their bonds.

Blank cheque firm Citic Capital Acquisition Corp has kicked off bookbuilding for a $200m IPO. The special purpose acquisition company (Spac) is targeting green investments.

PetroVietnam Gas (PV Gas) is in talks with banks about its syndication plan for a nine year loan.

Indian Railway Finance Corp courted investors for a 10 year bond on Thursday, only to add a 30 year tranche to the transaction later in the day following reverse enquiry.

Chinese ship financing company CSSC (Hong Kong) Shipping Co took advantage of the risk-on sentiment in the market on Thursday to take home an $800m dual-tranche bond.

Thailand’s Central Retail Corp has priced the country’s largest IPO near the top of the marketed range, netting Bt71bn ($2.3bn) by navigating a volatile stock market.

EMEA equity capital markets roared back into life this week, as fears over a potential coronavirus pandemic abated to allow the blocks market to reopen in size. A huge slug of supply on Monday evening that traded up left investors hungry for more, report Sam Kerr and Aidan Gregory.

BofA’s Apac DCM head leaves for US – Cambodia uplift in focus – Moody’s creates global ESG job – Malaysia emphasises SRI – HKEX offers companies virus relief

As the coronavirus rages on across mainland China, simple daily tasks can morph into a whole new way of doing things.

Avenue Supermarts, which runs Indian supermarket chain DMart, has launched a qualified institutional placement worth about Rp40bn ($561.3m).