Asia Pacific

Oman’s Bank Sohar has enlisted three lenders to arrange a $300m new money borrowing.

Anmol Industries has hired three banks to lead its flotation in India this year, which could raise around Rp10bn ($156m).

State-owned energy conglomerate Vietnam National Oil and Gas Group (PetroVietnam) is preparing to launch IPOs for three of its subsidiaries this month as part of its privatisation plan, potentially raising a combined D12.31tr ($542.9m).

Crédit Agricole has named Atul Sodhi as head of global debt capital markets corporates, for which he will relocate from Hong Kong to Paris.

Three Chinese issuers are seeking fresh funding from the dollar bond market on Tuesday, with one wooing accounts for a comeback deal and the other two making their debuts.

China Hongqiao Group's shares fell after it completed a HK$6.2bn ($798m) top-up placement on Monday to pay down some of its debt.

China’s Concord New Energy Group is hoping for second time lucky in the dollar bond market, opening books for a new green deal on Tuesday, about two months after a failed attempt.

Mitsubishi UFJ Financial Group (MUFG) has become the first Japanese issuer to tap the Panda bond market, crossing the finishing line on the same day as Mizuho Bank. The issuer focused on attracting local investors in its debut deal, raising Rmb1bn ($154m) from the onshore market.

China's listed companies are set to sell stock directly to European investors. The first listing of an A-share company on the China Europe International Exchange (Ceinex) in Frankfurt will happen by June this year. Investment banks have already been mandated, GlobalCapital Asia's sister publication GlobalRMB has reported.

Groupe BPCE issued ¥116.1bn ($1.04bn) of Samurai notes this week across six tranches, two of which were social bonds. But unlike with many socially responsible deals, the proceeds will go to clients rather than financing projects directly.

Trafigura’s Singaporean entity Trafigura Pte launched a $4.5bn revolving credit facility on Monday to refinance two loans taken out over the last two years.

Mizuho Bank opened the Japanese Panda bond market on January 12, sharing the title of first issuer in the category with Mitsubishi UFJ Financial Group (MUFG). But instead of aiming for a blockbuster transaction, Mizuho treaded carefully – raising just Rmb500m ($77m) from the debut deal.