Banks

Blackstone-backed Mindspace Business Parks Real Estate Investment Trust (Reit) is preparing an IPO of new and existing stock, set to be just the second listing from the asset class in India.

Industrial Securities (Hong Kong) Financial Holdings, Zhengzhou Zhongrui Industrial Group Co and Shandong Iron & Steel Group Co priced international bonds during the last days of 2019, capping a strong year for Asia’s debt market.

It is set to be a busy start to 2020 for the Hong Kong Stock Exchange, with three live IPOs in the market. The most recent launch came from Shanghai Gench Education Group, which hit the road with a HK$773m ($99.2m) deal on Thursday.

Chinese solar power operator Panda Green Energy Group has extended the deadline of a distressed exchange offer. The new note issuance will now be finalised in the same week that its $350m bond becomes due.

VPBank Finance Company, the consumer finance arm of Vietnam Prosperity Joint Stock Commercial Bank, has increased the size of its loan to $200m after seven banks joined during general syndication

TrailStone Group, the gas and power trader and investor based in London, has closed the year with a €150m revolving credit facility, which complies with the Green Loan Principles.

Karolina Burmeister has been appointed country head for Finland at Citigroup.

Shares in Schmolz + Bickenbach, the Swiss steel maker, surged 9% on Friday after the company said it is due to price its Sfr325m rights offer at Sfr0.30, the top of the range, securing its future after a long period of underperformance.

Singapore-based aircraft leasing company Avation has obtained a green loan to support its purchase of aircraft.

Guangzhou R&F Properties, a Hong Kong-listed Chinese real estate developer, raised HK$3.7bn ($475m) from a placement on Thursday evening in one of the last ECM deals of the year in the region.

Cigarette packaging printer Amvig Holdings has closed its HK$1.15bn ($147m) refinancing loan.

NatWest Markets is searching for a new chief executive and chief financial officer, after Chris Marks and Richard Place stepped down from those roles.