Asia Pacific
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Crédit Agricole turned to the Singapore dollar market on Wednesday to sell its latest subordinated transaction, marking the French bank’s first bond sale in the currency.
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Luckin Coffee is brewing excitement in the US equity market after it confirmed plans for an IPO this week and filed a draft prospectus with the Securities and Exchange Commission. But while the Chinese coffee chain is being hailed as a major competitor to Starbucks, there is reason to think that assessment carries a lot of froth.
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Xinyuan Real Estate Co tapped its existing 2021 notes on Wednesday, adding $100m to the bonds.
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Suntec Real Estate Investment Trust (Reit) on Tuesday priced a placement of new units, increasing the size of the deal to raise S$200m ($147m).
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A tough quarter scuppered Goldman Sachs's strategic update but the bank places deeds before words and is already well advanced in its new strategy, writes David Rothnie
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Ireland’s CDB Aviation has signed its first unsecured syndicated loan, as the aircraft leasing company continues its drive to diversify its funding sources.
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Suntec Real Estate Investment Trust (Reit) is looking to raise S$150m ($110.4m) from a placement of new units, according to a term sheet seen by GlobalCapital Asia.
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The People’s Bank of China (PBoC) rolled out a Rmb267.4bn ($39.8m) one year targeted medium-term lending facility (TMLF) on Wednesday. The move echoes a push by Chinese regulators for commercial banks to lend more to small and micro-sized enterprises.
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Eagle Hospitality Trust is preparing to launch the roadshow for its up to $600m Singapore IPO on Friday, according to a source familiar with the matter.
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Indonesia’s Mega Central Finance and Mega Auto Finance have returned to the offshore loan market, jointly seeking a $100m dual currency deal.
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Smart wearables manufacturer Huami Corp has launched book building for its $ 114m follow on American Depository Shares (ADS) offering.
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Redco Properties Group returned to the market with a two year note on Tuesday, three months after it priced a larger 364-day transaction.