Asia Pacific

Philippine property developer DM Wenceslao & Associates has laid the groundwork for an IPO of up to Ps15.6bn ($300m), filing a draft prospectus on Tuesday.

Société Générale has promoted Raj Malhotra to the position of head of debt capital markets for Asia Pacific, according to a press release on Wednesday.

HSBC has wooed Mark Ma back to its leveraged and acquisition finance team in Asia, poaching him from Platinum Equity, a firm that specialises in mergers and acquisitions.

Chinese live streaming platform YY is looking to take its online game broadcasting platform Huya public with a US IPO.

India’s IL&FS Transportation Networks had to postpone its dollar bond debut after a series of unfortunate events on Tuesday. A weak market backdrop, a cautious investor base and a hefty pipeline of deals combined to dash its hopes, writes Morgan Davis.

Nomura has appointed Yo Akatsuka as its new global investment banking head, amid an annual management re-shuffle, according to an announcement on Tuesday.

China Power International Development, a subsidiary of state-owned power company State Power Investment Corp, is raising a $500m three year bullet loan.

Dublin, Ireland-based Fly Leasing plans to raise a $1.3bn loan to acquire aircraft assets from budget carrier AirAsia.

Tata Sons could launch a $1.5bn borrowing within the next two weeks, as the Indian firm prepares its return to the syndicated loan market after a decade.

Derivatives exchanges around the world reported strong February volumes this week, potentially painting a rosy picture for the year ahead as markets seem set to return to higher volatility.

Bank of Ireland is planning to bring the first covered bond from Ireland in over two years, while Overseas Chinese Banking Corporation is lining up a debut trade in sterling.

Georgia Capital, the investment arm of Bank of Georgia Group (BGEO), had the sole attention of EM investors on Monday when it printed its new deal 70bp-75bp wider than Bank of Georgia.