Asia Pacific

South Korea’s Hyundai Capital Services was confident of finding support in a busy bond market on Monday, sealing $500m from an opportunistic trade that was launched without a roadshow.

Central China Real Estate, Hubei Science & Technology Investment Group Co and Shui On Land jumped into the offshore debt market on Monday, getting ahead of a growing line of issuers.

Bangladeshi independent power producer (IPP) Summit Power has launched investor education ahead of its ground-breaking Singapore IPO, according to a banker close to the deal.

The Republic of Indonesia’s maiden green sukuk last week was a landmark for green finance, becoming the first green sovereign issue in Asia, and one of just a handful globally. Indonesia deserves to be lauded for its efforts, but it’s too soon to judge the country by its one green financing exercise — especially as the nation is far from environmentally friendly.

SK Lubricants has submitted its initial application for a potential W2tr ($1.9bn) IPO in South Korea, according to a regulatory filing.

China Boqi Environmental Holdings has kicked off bookbuilding for its up to HK$908m ($116.1m) Hong Kong IPO, supported by a handful of anchor orders and a single cornerstone investor.

Senior fixed income banker Michael Luk has joined CLSA as global head of debt capital markets, after a one year stint with the Singapore Exchange.

TP ICAP, the inderdealer broker, on Monday revealed that it has promoted from within and made new hires for its institutional services division.

Macquarie Group was offering investors a seven year non-call six senior bond on Monday, in the financial services firm's first euro deal in three years.

Two Indonesian finance companies that serve customers in the automobile sector have launched deals in quick succession.

China’s plans to adopt a market-driven IPO approval process will be pushed back by another two years, according to the official Xinhua news agency.

A number of Indian issuers are preparing to head to the international debt market, as the appeal of offshore fundraising rises amid pressure in the domestic bond market.