Banks

Studio City International Holdings priced its debut on the New York Stock Exchange (NYSE) at the top of its marketing range on Thursday, raising $359.4m.

China is about to find out if it can build a bridge to European liquidity, with Qingdao Haier set to close the first IPO of D-shares in Frankfurt. The debut of the China Europe International Exchange (Ceinex), along with another much talked about equity link to London, will be a key test of whether Chinese issuers can tap new sources of funding abroad. John Loh reports.

San Miguel Food and Beverage (SMFB) unveiled a sharply scaled-down secondary offering as it turned cautious after the global selloff in equity markets, with its deal now expected to raise just Ps33.1bn ($613.8m).

Abu Dhabi Commercial Bank entered the Swiss franc bond market on Thursday, selling Sfr100m ($101m) of February 2024 bonds.

Red chip company China Power successfully raised Rmb2bn ($288m) this week, the second Panda deal in the energy sector this year.

Banque Fédérative du Crédit Mutuel (BFCM) has sold Sfr100m ($100.6m) of November 2026 bonds, as some investors were drawn to higher absolute yields in a cheapening market.

Alan Roch has joined Standard Chartered in Hong Kong as head of bond syndicate for Asia.

Deutsche Bank has hired former Standard Chartered banker Erick Pan as head of syndicated loans for north Asia.

Indonesian paper manufacturer Fajar Surya Wisesa started gauging interest on Thursday for a primary capital increase worth as much as Rph3.9tr ($260m) at its market price.

The Autonomus Community of Andalusia received plenty of demand for its first syndication in over seven years on Wednesday, allowing the issuer to increase the size of its deal and tighten pricing.

Credit Suisse has hired a UBS veteran to expand its relationships with clients in Europe.

A veteran EM trader has been put at risk of redundancy after 26 years with JP Morgan.