Asia Pacific

The International Swaps and Derivatives Association (ISDA) released an updated version of its Model Netting Act on Tuesday. The Act is a guide for legislators looking to properly institute close-out netting rules.

Uzbekistan has got its first infrastructure financing from the European Bank for Reconstruction and Development for almost a decade, as it starts to reap the rewards of its Development Strategy.

Chinese state-owned enterprise (SOE) Shandong Gold Group Co achieved size with its three year outing on Monday, raising $600m. Another government-linked entity in the province, Weifang Urban Construction and Development Investment Group Co, debuted in the offshore market with a $250m trade.

Korea Development Bank hopped into the Australian dollar market on October 12, selling an A$400m ($284m) Kangaroo bond. Despite the volatility in the market earlier in the week, KDB had little trouble sealing the popular deal.

Investors could not get enough of Korea Expressway Corp’s (KEC) dollar bonds on Monday, as it closed its deal more than 12 times oversubscribed.

Malaysia’s QSR Brands has filed for an IPO in Malaysia, years after the company mooted a relisting on the local bourse.

South Korea’s Lotte Tour Development has raked in W215.8bn ($191.3m) after wrapping an oversubscribed rights issue.

A $1.1bn loan to take India’s Vedanta Resources private was launched into general syndication at the beginning of the month, with Credit Suisse and Standard Chartered at the helm.

Indonesia’s Titan Infra Energy is tapping the offshore loan market for the first time for a $450m five year loan.

Actiam, the Dutch asset manager, has launched what it believes is the first investment strategy built around the nine planetary boundaries — an attempt to describe the ecological limits within which humans can live sustainably on Earth.

Kazatomprom, the Kazakh company that is one of the world's largest producers of natural uranium, is seeking an IPO in London and potentially Astana, the first of a number of expected sales by the state.

The International Swaps and Derivatives Association (ISDA) has moved on from its role as secretary of the special committees that rule on whether credit events that trigger credit default swap (CDS) payouts take place.