Asia Pacific
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China Jinmao Holdings hit the Panda market for the first time in 2018 on Wednesday, raising Rmb3bn ($476.9m). The three year bond priced just one basis point above a Panda of the same tenor sold by another real estate issuer a week earlier.
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The European Investment Bank is preparing a new product: Sustainability Bonds, which will complement its Climate Awareness Bonds.
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Digital Asset, the financial services distributed ledger firm headed by Blythe Masters, said on Wednesday that it had hired a JP Morgan executive to work on its project with the Australian Stock Exchange (ASX).
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Hong Kong’s annual Rugby Sevens tournament has just ended, leaving bankers, executives and journalists nursing terrible hangovers and promising that next year will be different.
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HSBC has created a new head of Belt and Road Initiative (BRI) position for Asia Pacific, naming Mukhtar Hussain to the job.
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Sarimelati Kencana, the owner of the Pizza Hut franchise in Indonesia, began premarketing its $100m IPO this week, as the country’s equities market gears up for more action.
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Indonesia Eximbank has returned to bank lenders with a $950m loan, slashing pricing on all three of its tranches. It is making the most of a dearth of supply from other Indonesian borrowers, writes Pan Yue.
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Bank of China (BOC) returned to the bond market with a Belt and Road blockbuster this week, raising around $3.2bn from a multi-tranche, multi-currency deal. Addison Gong reports.
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China Jinmao Holdings has launched a HK$4bn ($509m) loan into syndication through a group of lenders that include the country’s big four state-owned commercial banks.
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San Miguel Pure Foods (SMPF), the Philippine food and beverage conglomerate, has suggested it could more than double a planned follow-on to $3.6bn, making it the country’s largest equity deal.
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India’s Dewan Housing Finance Corp (DHFL) finally sold its first offshore rupee bond this week in a deal which has been two years in the making.