December 13 Asia bond pipeline: What's coming up next?

Issuer

Deal type

Status

Bookrunners

China Construction Bank Corp Macau branch

$ Reg S 3yr green FRN

IPT at Sofr compounded index + 80bp area

ABC HK branch, BOC, CCB, China Citic, China Everbright HK branch, CICC, China Securities, CLSA, CMB Wing Lung, CreditAg, HSBC, ICBC, Industrial Bank HK branch, KGI Asia, Mizuho, NCB, Natixis, SPDB HK branch and StanChart

Powerlong Real Estate Holdings

$150m tap of 6.25% 2024s

Sold at 87.238 | 12% yield

Guatai Junan (sole bookrunner)

Huangshi State-Owned Assets Management Co

$98m Reg S 2yr and 11 month bond| SBLC from China Bohai

Priced at 2.80%

CNBC Capital, Dongxing Securities, Fosun Hengli, Huisheng Securities, SPDB and Zheshang Bank (Bookrunners)

Jiangxi Financial Asset Management Co

Up to $300m Reg S

RFP out | Bids deadline Dec 28

To be announced

Hungary

Debut Rmb1bn 3yr green Panda

Books to open on Dec 14

BOC (Sole bookrunner and underwriter)

China Education Group Holdings

CGIF-guaranteed CNH Reg S 3y/5.5yr

Investor calls held on Nov 30

StanChart (Sole GC)

FWD Group Holdings

$5bn MTN

MTN listed on HKEX

HSBC (arranger)

Plaza Indonesia Investama

$ Reg S sustainability-linked 5NC3yr

Investor calls held in early Nov

CS and UBS (JGCs)

Hibiscus Petroleum

$ Reg S 5NC2yr

On hold | Investor calls held in mid-Oct

BofA, JPM and Seaport Global

Ha Noi Commercial Joint Stock Bank

$ Reg S

Investor calls held in late Sept

Citi and HSBC

Perusahaan Perseroan (Persero) PT Perusahaan Pengelola Asset

$ Reg S

Investor calls held in August

BNPP, DBS and StanChart

Great Eagle Holdings

$ Reg S

Investor calls held in August

ANZ, BofA, BOC (HK), Citi, CMBI, DBS, HSBC, JPM, Mizuho and UBS (JGCs)

Chindata Group Holdings

$ 144A/Reg S green

Investor calls held in July/August

Barclays, GS and MS (JGCs)

Dat Xanh Group

$ Reg S

Investor calls completed

CS and StanChart