China

Italian energy company Enel has signed a financing agreement with Bank of China, which will exchange a $1bn credit line for Chinese access to Enel's future projects.

ChemChina is in the early bird stage of syndication for its KraussMaffei acquisition loan and is targeting relationship banks, according to a banker familiar with the deal. Commitments are due around the end of the month.

Chinese conglomerate Wanda Group is planning a spate of listings for its myriad business divisions, starting with the IPO of its internet finance arm in three years, said its chairman Wang Jianlin.

The Province of British Columbia (BC) has announced price guidance for its upcoming Panda bond, which is set to go live on Thursday.

Shimao Property Holdings has added its name to the growing list of red chip companies that have started to sell Panda bonds, executing a private placement in China’s exchange bond market

BeiGene is looking to raise $132m from a Nasdaq IPO, with the firm kicking off bookbuilding on Tuesday for what will be the year’s first listing of a Chinese issuer in the US.

Bank of Communications Hong Kong showed that the year's volatile start is no problem for some issuers, bringing a $500m bond this week, which was driven by Chinese bank money. Bankers lauded the trade as BoCom pulled in a six times covered book without having to pay up.

China Nonferrous Metal Mining’s inaugural dollar bond resonated well with investors as the combination of a strong government link, a standby letter of credit and juicy yields proved a winning recipe.

Citic Securities has made Zhang Youjun its new chairman. Tthe appointment follows the disappearance of a string of top bankers due to regulatory probes.

A member of Citi’s Asia Pacific DCM syndicate team in Hong Kong has parted ways with the lender, sources close to the move have told GlobalCapital Asia.

As Chinese companies go on an M&A shopping trip in Europe in 2016, the European loan market will benefit from the China’s spending spree.

Hungary is planning a €1bn bond this year, but is also still looking for a window in the near future in which to issue a dim sum transaction.