Asia Pacific

Future Retail threw open the door for India's retail shopping sector on Tuesday with its $500m debut bond, getting a solid book of $3bn for the transaction.

The Hang Seng Indexes Co has published a consultation paper covering the inclusion of weighted voting rights (WVR) shares and secondary-listed companies in Hong Kong’s benchmark index.

SMC Global Power Holdings Corp took advantage of an exceptionally bullish credit market, getting a peak order book of around $5bn for a $600m deal.

ING has appointed veteran banker Krista Baetens as the chief executive officer of its wholesale banking business for Asia Pacific, effective on Wednesday.

The Carlyle Group, a US-based multinational private equity firm, offloaded its position in China Literature this week through a HK$1.53bn ($196m) overnight block trade.

Indian companies Birla Carbon and Tata Steel have mandated banks for loans and both borrowers have signed up large groups of lenders at the top level.

South Korea’s Mirae Asset Daewoo has been ordered to pay $700,000 after a US Commodity Futures Trading Commission investigation found one of its traders had engaged in spoofing.

KfW and Canada both launched dollar benchmarks on Wednesday, bringing a pair of highly subscribed and tight deals. Following their success, two Asian SSA issuers prepare to join the busy dollar market.

Turkish lender Yapi Kredi ventured into the green bond market for the first time on Friday with a rare dollar private placement, its first since January 2016, according to Dealogic data.

UBS can sponsor Hong Kong IPOs again, the city’s financial regulator announced on Tuesday after lifting a ban imposed on the bank in March last year.

China’s government debt last year grew at its fastest pace annually since 2009, while central and local government borrowing shows no signs of slowing.

Sinopharm Holding (China) Finance Leasing Co is seeking a $215m-equivalent loan.