Asia Pacific

Indonesian clothing retailer Map Aktif Adiperkasa (Map Active) has hit the market with an up to Rph5.03tr ($353m) secondary share offering.

Taiwan’s Chailease Holding Co has returned to the offshore loan market raising $150m, after a three year absence.

Chinese state-owned investment bank Shenwan Hongyuan Group kicked off pre-marketing on Monday for its Hong Kong IPO.

Chinese issuers have become too focused on Hong Kong when marketing their dollar bonds, panelists at Euromoney's China Debt Capital Markets Summit said last week.

Industrial and Commercial Bank of China (ICBC) is set to issue a Rmb55bn tier two bond next week and a perpetual bond later this year, GlobalCapital understands.

Chinese technology company Duiba Group reaffirmed its IPO hopes on Monday, once again filing a prospectus with the Hong Kong stock exchange.

Following a flurry of corporate deals earlier in the month, financial institution issuers took control of the primary Swiss franc bond market this week.

Country Garden Holdings Co raised $1.5bn in a dual tranche trade on Thursday. The longer dated tranche, a seven year tenor, is the longest dated bond from a high yield property borrower this year.

Bank of Baroda returned to the market on Thursday to sell its first dollar deal in nearly five years. The bank, acting through its London Branch, raised $800m in a sale that came just days before its expected merger with Vijaya Bank and Dena Bank.

Logistics provider ESR Cayman raised $250m from the bond market this week, ahead of a planned IPO in Hong Kong later this year.

Indian real estate major DLF bagged Rp31.7bn ($458.7m) this week after wrapping up its qualified institutional placement (QIP), with investors winning a near 5% discount to the floor price.

China Everbright Greentech, an environmental protection service provider under China Everbright International, has closed a green loan of HK$1bn ($127m).