Asia Pacific

I overheard some young bankers in the Captain’s Bar the other day bragging about their expat packages and how many free first class flights they get here and there every year.

Cambodia’s Prasac Microfinance Institution is in talks with two banks for its offshore loan comeback.

Indonesian power company Perusahaan Listrik Negara has returned to the offshore market seeking a $1bn borrowing.

Chinese private education provider JH Educational Technology has filed an application to list on the Hong Kong Stock Exchange.

Export-Import Bank of Malaysia is tapping the offshore loan market for a $300m Islamic borrowing.

China’s State Development and Investment Corp (SDIC) launched a $1bn transaction on Tuesday, split between a green bond and a conventional bond. Investors shook off trade war worries to swarm both portions of the deal with orders.

Chinese drug services provider Frontage Holdings Corp has kicked off bookbuilding for its IPO, vying for proceeds of up to HK$1.60bn ($204.6m).

Menswear clothing company Mulsanne Group Holding has kickstarted bookbuilding for its listing on the Hong Kong Stock Exchange.

Equity investors who base their trading on the daily news flow emanating from the US and China, are going to have to accept the possibility that the relationship between the two countries will sour.

Bank of New Zealand (BNZ) has mandated leads for a roadshow ahead of a possible euro senior unsecured or covered bond benchmark.

A handful of Chinese property companies have returned to the offshore loan market for new borrowings in the past few weeks, after having difficulties with fundraising in second half of 2018. With no guarantee that conditions will get any more favourable, the rest of the sector should act quickly to refinance their deals in the market.

Logistics real estate platform ESR Cayman has been given the green light for a listing on the Hong Kong Stock Exchange.