Asia Pacific

Sumitomo Mitsui Financial Group issued a green senior bond on Wednesday and paid no new issue premium after it received demand of twice its final size of €500m.

Malaysia engineering multinational KNM’s German businesses have signed a credit facility of up to €200m, using the deal to refinance existing bank lines.

Indiabulls Housing Finance raised $350m in its debut dollar transaction on Tuesday.

Chinese clothing company Mulsanne Group Holding has priced its Hong Kong IPO below the indicative range, citing volatile markets fueled by the US-China trade war.

Hong Kong scored with a $1bn debut green bond this week, after investors poured more than $4bn into the transaction’s final order book. The deal was a strategic attempt by the government to encourage the development of green financing in the city, but the impact remains to be seen. Morgan Davis reports.

Xinjiang Goldwind Science and Technology is tapping the offshore loan market for a $475m green loan to support its windfarm projects in Argentina.

Bookbuilding for the Trade and Development Bank of Mongolia’s (TDBM) three year notes was carried over into a second day on Wednesday, giving investors more time to stew over the risks facing the embattled bank.

Three Chinese borrowers sold perpetual notes on Tuesday, raising a combined $900m from the rare structure.

Nelly Harapoff, a director in ANZ’s loan syndication team in Sydney, will be relocating to Singapore.

Portugal mandated Bank of China and HSBC on Tuesday to place its first renminbi bonds on the China interbank bond market, as it looks to become the first eurozone sovereign to issue Panda bonds.

Andalan Finance Indonesia, an auto finance company, is in the offshore loan market seeking a $50m deal.

The decision by bond syndicates in Asia to reveal their orders for new deals will be a clear step forward for the market — but only if the practice becomes widespread.