Asia Pacific
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China General Nuclear Power Corp (CGNPC) raked in $600m on Monday from its third green bond sale, benefitting from investors’ eagerness for investment grade paper.
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BNP Paribas Cardif began a two-day sale of 25m shares in India’s SBI Life Insurance on Tuesday morning, eyeing proceeds of around Rp16.25bn ($234m).
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The Democratic Socialist Republic of Sri Lanka made a quick return to the dollar market on Monday, raising $2bn just a few months after sealing a larger $2.4bn offering.
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Ujjivan Small Finance Bank has hired three banks for its IPO, which is expected to raise around Rp10bn ($144.2m), according to a banker on the deal.
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Impro Precision Industries has raised HK$999.9m ($127.94m) from its float on the Hong Kong Stock Exchange, pricing the offering near the middle of initial guidance.
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Syndicated loans banker Marilyn Fung has left DBS after more than eight years with the Singaporean lender, according to a source close to the situation.
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Fosun International has raised a larger-than-expected $700m to help fund a tender offer that will close next week, while Kaisa Group Holdings was in and out of the market with a $500m tap of two existing bonds.
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Maybank’s investment banking arm has hired equity capital markets banker Abhishek Bakshi from rival CIMB, according to a source familiar with the matter.
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Local government financing vehicle (LGFV) Zhongyuan Yuzi Investment Holding Group Co priced a $500m deal that was nearly six times covered, a year after cancelling a planned issuance, thanks to a combination of prudent execution strategy as well as improved sentiment on the sector.
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SC Health Corp has begun the process of listing on the New York Stock Exchange, filing an application with the US Securities and Exchange Commission.
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Indonesian firm Soho Global Health has lined up a trio of bookrunners for a potential IPO, according to a source familiar with the matter.
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The Shanghai Stock Exchange (SSE) has published guidelines for IPOs on its new technology board, providing a detailed timeline for the process and the eventual listing of the shares.