Banks

China SCE Group Holdings managed to raise $300m from a narrow issuance window on Tuesday, just as sentiment started to sour around the country’s high yield property bond market.

Bank Negara Indonesia sold a rare Basel III-compliant tier two dollar bond on Tuesday, raising $500m.

GLP China Holdings received a stronger reception than expected for its bond outing this week, allowing the logistics company to raise $700m with a small premium.

Science City (Guangzhou) Investment Group Co, a Chinese state-owned enterprise, raised $550m from a dual tranche debut bond sale on Tuesday.

Hong Kong-based Jeneration Acquisition Corp, a special purpose acquisition company (Spac), is planning to raise $300m from a Nasdaq IPO.

Singapore-listed Manulife US Real Estate Investment Trust has raised a $250m five year sustainability-linked loan from two banks.

Vietnam’s Masan Group Corp, an investment holding company operating in the food and beverage and consumer retail industries, has increased its borrowing to $350m after receiving strong response from 23 banks during syndication.

LondonMetric, the listed UK real estate firm, has sold £380m of US private placements, according to market sources. One tranche had a green component, which priced tighter than another coupon with the same maturity.

Verbund, Austria’s largest electricity provider, is in its second and final day of marketing a green and sustainability linked 20 year trade, in a closely watched deal that is expected to see insatiable demand.

PensionBee, the UK online pensions provider, is preparing to go public on the London Stock Exchange, according to a regulatory filing on Tuesday.

Rentenbank entered the deserted dollar bond market on Tuesday, printing $1.75bn of five year notes. The market has been quiet for public sector issuers in the past few weeks, thanks to a volatile Treasury market and an issuer base already well stocked with funding, but Rentenbank found investors receptive.

King’s College university has sold US private placements, according to market sources, in the first widely marketed UK university deal seen in the market for 12 months.