Asia Pacific

Greentown China Holdings raised $400m from a perpetual bond sale on the back of an impressive $5.6bn order book, as investors rushed into the deal for its pricing and structure.

Chongqing Banan Economic Park Development and Construction Co made its inaugural appearance in the international bond market with a Singapore dollar transaction, raising S$150m ($110m).

Singapore’s Interplex Holdings has returned for a $400m five year loan to refinance a 2016 borrowing that supported its acquisition by Baring Private Equity Asia.

Kuke Music Holding, a classical music service provider, is seeking the green light from the Hong Kong Stock Exchange for its IPO.

Bank of China’s Hong Kong-based debt syndicate head Sebastian Ha is leaving the firm next month.

Citi’s chief executive officer for India and South Asia has been made vice-chairman of Asia Pacific banking, capital markets and advisory (BCMA), according to a source close to the situation. It is a new position at the US bank.

Indian company Chalet Hotels will start bookbuilding next Tuesday for its up to Rp16.4bn ($231.1m) flotation.

Logistics real estate developer ESR Cayman turned to the Singapore dollar market this week to bring down its cost of funding, adding S$150m ($110m) to its coffers.

NWS Holdings and Sino-Ocean Group Holding received more than $4bn in orders for their respective bond outings, with their deals in hot demand both in primary and secondary markets.

South Korean discount store chain Homeplus is set to launch a real estate investment trust IPO next month, according to a source close to the deal.

Philippine gaming company PH Resorts Group Holdings has received the go-ahead from the Securities and Exchange Commission to issue Ps18.5bn ($351.92m) of shares in a follow-on offering.

Hansoh Pharmaceutical Group is preparing to kick off the roadshow for its Hong Kong IPO in February after Chinese New Year, according to a source close to the transaction.