Asia Pacific
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Hong Kong Airlines, which last visited the international syndicated loan market in 2015, is working with a bank to refinance that facility. -
China Development Bank Corp priced its maiden international green bond on Thursday, raising close to $1.7bn from a dual-currency transaction that will fund Belt and Road related projects. The deal offered diversification not only to the issuer but also to investors.
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Yixin Group raised its full target of HK$6.8bn ($867.2m) in a Hong Kong IPO that was overwhelmed by orders, allowing the issuer to price at the best end of terms.
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Siam Commercial Bank closed its second dollar deal of the year on Thursday, leveraging on its rarity value as a Thai credit in the debt market, while also navigating a surprise hiccup near the end of bookbuilding.
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Thailand’s Kasikornbank has mandated banks for a planned dollar bond, to be issued through its Hong Kong branch.
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Authorities in China are removing the cap on foreign ownership on a series of financial sector joint ventures (JVs), Zhu Guangyao, deputy minister at the Chinese Ministry of Finance (MoF), said on November 10. The news came on the heels of US president Donald Trump's visit to China.
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Canadian insurance company Manulife Financial Corp has named banks to lead a Singapore dollar-denominated subordinated green bond.
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Chinese property developers Yango Group Co and Jiayuan International Group both appeared to have coughed up for their bond sales on Thursday, ahead of expected heavy supply from the country in the coming weeks.
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Credit Suisse has seen several senior-level departures in its Asian equities business, with Nicole Yuen and Ronald Cheung leaving the bank.
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Goldman Sachs has released the list of its new class of managing directors, with the promotions taking effect from January 1.
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Punjab National Bank has hired six firms to lead a Rp50bn ($770m) qualified institutional placement, as the Indian lender looks to bolster its balance sheet.
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