Asia Pacific

Marlow Foods, a UK-based company that was acquired by the Philippines’ Monde Nissin Corp in 2015, is tapping the Asian loan market for the first time for ‎£120m ($156m).

JP Morgan sold its second tap of equity-linked notes using the Hong Kong-listed shares of Ping An Insurance Group Co of China as the underlying securities, this time raising $85m.

India’s Penna Cement Industries is preparing a listing that could raise up to Rp15.5bn ($212.6m) and has filed a draft prospectus with the country’s securities regulator.

Regular issuer Dongfeng-Nissan Auto Finance will open books for a Rmb4.43bn ($639.6m) auto loan securitization on Thursday.

A local government financing vehicle (LGFV) and a single-B rated property developer decided to take risk off the table on Tuesday, ahead of the US mid-term election and when markets such as Singapore are closed for a public holiday.

Indonesia Asahan Aluminium (Inalum) has mandated seven banks for a chunky $2.85bn bridge loan to support its acquisition of Freeport Indonesia, a mining company.

China is looking to open a new board in Shanghai for listing technology companies, mirroring earlier efforts to create Chinese Depositary Receipts.

Bank Rakyat Indonesia has mandated 13 banks for a $700m multi-tranche borrowing, breaking a three-year absence from the loan syndications market.

Kazakhstan entered the euro market for the first time on Monday, hitting screens with a dual tranche bond.

The government of Kerala is poised to sell its debut offshore rupee bond after a non-deal roadshow this month, in what could be the first Masala issuance since April.

Hong Kong private equity firm I Squared Capital is tapping the loan market for a total of HK$7.8bn ($998m).

iDreamSky Technology Holdings, a Chinese mobile games publisher, started investor education on Monday for its flotation in Hong Kong.