CIMB Group

Australia-listed gold miner Kingsgate Consolidated expects to delay the IPO of its subsidiary in Thailand due to unfavourable market conditions, even as it fends off accusations of corruption dogging its Thai unit.

ANZ and CIMB impress in this year’s Asiamoney’s Fixed Income Poll with ANZ topping the categories for regional credit and interest rates, while the Malayisan bank comes first in regional commodities services.

Indonesian oil and gas conglomerate Pertamina has picked three banks for a potential bond and is set to hit the road to meet investors.

Yingda International Leasing, a company owned equally by General Electric and China’s State Grid Corp, has raised the size of its three year offshore borrowing to Rmb600m ($94m) from Rmb500m, partially exercising a greenshoe option.

Thai company Indorama Ventures is set to meet Singapore dollar bond investors next week ahead of a proposed offering, which would mark its debut outing in the currency. The borrower is selling the bonds with a guarantee from the Credit Guarantee and Investment Facility (CGIF).

Malaysia’s Al-Salām Reit has launched its MR252m ($60m) IPO, with the domestic-only float getting some early interest from Shariah investment focussed funds and investors with links to the property trust’s sponsor.

CIMB Thai Bank is gearing up for a Bt3.69bn ($104m) seven-for-40 rights issue that is set to hit the market in October.

Trio to arrange $500m for SBI — NewOcean Energy returns for $170m — China duo clinch $1.1bn Wuxi take-private loan — Tiphone out for $184m — Kingboard to increase from HK$5bn

Tiphone Mobile Indonesia has hit the market for a dual currency financing of $184m, with four mandated lead arrangers and bookrunners. The leads have gone out to a limited number of banks for syndication.

A Standard Chartered led borrowing for automobile parts maker Zhongding Hong Kong will see the company fully exercise a greenshoe, taking the loan size to €150m ($165m). Eight banks have committed to the facility during general syndication and two more are processing their approvals.

The Kingdom of Thailand is gearing up for its third inflation-linked bond, having appointed a trio of banks to arrange the deal.