Australia

Taiwanese banks are increasingly getting sign-offs for larger commitments for loans from southeast Asia, India and Australia, as well as for lower priced deals and longer tenor transactions from these regions. This is as Taiwan’s lenders continue to step away from Chinese borrowers, writes Pan Yue.

In its first visit to the capital markets, VisionFund International, a subsidiary of World Vision, the Christian mission focussed children’s charity and non-profit organisation, accessed a competitive method of funding that will help it “to penetrate deeper into rural areas” and benefit those in greatest need.

Ford Motor Credit Company mandated banks on Tuesday to lead a new Australian dollar deal, its first since 2016.

Australia and New Zealand Banking Group Limited (ANZ) launched a new sustainable tier two on Friday. Looking to broaden its investor universe in the euro market and enlarge its tier two buffer after changes in Australian regulation, ANZ’s deal attracted orders of 2.5 times its €1bn size.

Australia & New Zealand Banking Group (ANZ) is getting ready to offer FIG investors a very rare chance to purchase green bank capital in euros, with the issuer set to hit the road for a new tier two in November.

Verizon Communications, the US telecoms group, returned for the second time to the Kangaroo market on Wednesday to extend its curve out to 20 years in what one lead manager described as a first for the market.

There is a growing pipeline of subordinated bond issuance in the FIG market this week, as issuers think about their regulatory requirements and find no reason to wait in light of a recently favoruable backdrop.

BNP Paribas has named Karine Delvallée as its new head of territory for Australia and New Zealand and general manager of the bank’s Australia branch.

Verizon Communications, the US telecoms group, is preparing to return to the Kangaroo bond market with a multi-tranche deal, offering maturities up to 20 years — far longer than its longest outstanding 10 year tranche.

Australian medical centre operator Sonic Healthcare has raised $550m of US private placements (PPs) across three tranches, as Australian borrowers solidify their position as a key source of growth for the market.

HSBC, Macquarie hire former Deutsche bankers – Citi’s Aus, NZ equities head steps down – CIMB rejigs top line-up – Hang Seng’s head of syndication leaves – Moody’s names Apac boss

Adam Lavis, head of equities for Australia and New Zealand at Citi, is retiring from the bank after eight years.