Asia Pacific

The blossoming green bond market in Asia is showing no signs of stopping, with a recent boom in issuance also seen in sustainability-linked bonds. As issuance for environmentally and socially conscious debt gathers momentum globally, Asia is fuelling the fire. Morgan Davis reports.

Remember gentlemen, hell hath no fury like a woman scorned.

Credit Suisse north Asia loan syndicate head exits — DBS loses loans banker — Maybank IB nabs ECM banker — SGX rejigs structure — CICC gets new chairman

Country Garden seeks second borrowing in six months – UAF taps two banks for HK$1.6bn – Deutsche arranges $190m for Shangshi – Pakistan sovereign deal open – Malakoff woos banks to refi – IRFC pulls into Samurai market

Chinese social media platform Weibo Corp raised $800m from its inaugural dollar deal, with the bond tightening by 10bp in the secondary market on Thursday.

Hong Kong’s Securities and Futures Commission and its anti-corruption watchdog teamed up for an investigation that led to the arrest of three former members of the Hong Kong Stock Exchange’s IPO vetting team. While the issue has put the spotlight on SFC’s and HKEX’s often tumultuous relationship, market watchers say any impact on the city’s equity capital markets will be limited. Rashmi Kumar reports.

China International Marine Containers has launched its HK$2.14bn ($274m) spin-off of CIMC Vehicles on the Hong Kong Stock Exchange.

China’s tighter grip on offshore bonds from local government financing vehicles (LGFVs) has given a short-term boost to issuance volume in the past few weeks. But although the deal flow from the sector is set to slow down, concerns over LGFV risks are far from over.

Investors embraced the duration offered by Adani Ports and Special Economic Zone this week, snapping up its $750m trade and pushing the order book to a hefty peak of $4.5bn.

Budweiser Brewing Company Apac will wrap up investor education and launch its much anticipated $5bn to $7bn listing on the Hong Kong Stock Exchange next week.

TBC Bank, Georgia's largest bank, is in the market for its first ever additional tier one bond, offering initial price thoughts of high 10% area.

The People's Bank of China priced two tranches of offshore renminbi notes worth Rmb30bn ($4.36bn) on Wednesday, ahead of a planned CNH debut by the Ministry of Finance in Macau next week.