Asia Pacific

CMB Financial Leasing is back for a $400m bullet loan, shaving 10bp of the margin compared with a larger borrowing sealed last year.

Aakash Educational Services is seeking approval to float for Rp12bn ($173.9m), filing a draft IPO prospectus with the country’s market regulator on Thursday.

Qilu Expressway’s underwriters have stepped in after the company's HK$1.3bn ($159.3m) Hong Kong IPO fell short in both the institutional and retail tranches.

As lawmakers and regulators grapple with the increasing systemic importance of clearing houses (CCPs), Singapore Exchange on Thursday proposed new rules for its derivatives clearing house and central depository to better manage a member default.

UBS has continued to shake up its global equity capital markets leadership team with Gareth McCartney taking the role of head of EMEA cash ECM and global head of syndicate.

Korea Hydro & Nuclear Power (KHNP) raised $600m with a green bond on Wednesday, offering no new issue premium to an investor base desperate for environmentally friendly assets.

To do, or not to do? That appears to be the question plaguing China’s stock exchanges when it comes to including weighted voting rights shares on the Stock Connect’s southbound trading channel. A rather vague consensus has been reached with the Hong Kong bourse, but what does this mean for the city’s equities markets? Jonathan Breen finds out.

Singapore’s Clifford Capital is marketing its debut collateralised loan obligation cash flow securitization, seeking $458m through a newly established special purpose company, Bayfront Infrastructure Capital. The trade is the first of its kind, marking the first fully project finance-backed CLO in Asia. Morgan Davis reports.

Commodities trader Trafigura has launched a $1.5bn-equivalent dual-currency borrowing into general syndication.

Hong Kong’s Securities and Futures Commission has sanctioned a former Standard Chartered executive in Hong Kong for IPO-related offences.

Signs of loosening liquidity in China’s onshore market is making international loans syndications bankers ponder the impact on their businesses, writes Pan Yue.

Citi has made a handful of senior level changes to its loans and acquisition finance team in Asia Pacific, according to three internal memos seen by GlobalCapital Asia.