China

Logan Property Holdings raised a quick $200m from five non call three notes on Thursday, two years after its last international public transaction.

China and Russia are forging ahead with closer financial market ties, with the Moscow Exchange (Moex) and Shanghai Stock Exchange (SSE) looking to facilitate two-way investments between the countries. This comes as the Russian ministry of finance is still finalising plans for the first RMB-denominated bond to be issued in Russia.

China Development Bank Corp’s securities arm has raised more than Rmb3.6bn ($518.3m) from two state investors, in what the lender said was a prelude to an IPO.

The Export-Import Bank of China raised Rmb1bn ($143.8m) from its debut green bond this month, marking the first green debt to be sold by a policy bank in the Mainland.

Irish funds could soon be making waves in China’s onshore capital markets thanks to a Rmb50bn ($7.2bn) Renminbi Qualified Institutional Investor (RQFII) quota awarded to Ireland this week.

Wanda Commercial Properties Hong Kong is due to sign a syndicated loan facility at $487.5m, slightly lower than the launch size of $500m. But a few more banks that were unable to make the deadline are expected to come in later, which will allow the company to boost the deal size.

Chinese property developer Fantasia Holdings Group added $100m to its existing five non call three notes with a tap on Tuesday, reaching its goal to raise $500m from the dollar debt market this year.

Volvo Cars, the Swedish car company owned by Zhejiang Geely Holding of China, has raised Skr5bn ($530m) in a private placement of preference shares, which might be converted to listed shares if Volvo completes an IPO.

Chinese property developer Fantasia Holdings Group is looking to raise up to $100m from a tap of its existing notes, opening the deal on Tuesday morning.

Shui On Development Holding has increased the size of its fundraising to the equivalent of about $550m from $300m, following an oversubscription from 15 banks.

Hong Kong-listed cigarette package printer Amvig Holdings is in the market for a HK$1.6bn ($206m) equivalent dual currency loan to refinance debt. The company will pay banks a fixed rate of interest for the renminbi portion of the deal.

The Hong Kong Financial Services Development Council (FSDC) has recommended the city to speed up the implementation of Bond Connect to strengthen its position as a global offshore renminbi hub.