Citi

India’s Adani Ports and Special Economic Zone proved its willingness to be flexible this week, changing its planned tenor and offering a decent concession to secure demand for a $750m bond.

Prosus made a barnstorming debut outing in the European bond market after Monday’s dollar trade, with the ecommerce and investment company that straddles investment grade and emerging market investor interest seeing €13.5bn of demand for a €1bn deal.

Korea South-East Power Co (Kosep) has printed a $300m sustainability bond, in part to tackle the impact of Covid-19, becoming the third issuer from the country to tap the socially responsible investment market this month.

China Everbright Bank Co relied on the syndicate team running its deal for a $700m floating rate note on Monday.

Blackstone-backed Mindspace Business Parks Real Estate Investment Trust has kicked off a Rp45bn ($601.2m) listing in India.

Prosus, the Dutch online consumer and investment company, pushed ahead with the dollar tranche of its planned multi-currency bond outing on Monday, with the borrower relying on the interest garnered during last week’s roadshow to smooth over jitters about the volatility in wider markets.

The New Development Bank will kick off a series of calls with investors on Tuesday to provide an update on its borrowing programme and plan its second dollar bond, which is expected to follow in the coming months.

Philippine real estate company Megaworld Corp raised $350m from bond investors on Thursday.

Manila Water Co managed to make its international bond debut on Thursday despite facing a number of challenges, including looming questions about its future amid a dispute with the Philippine government.

South Korean investment bank Mirae Asset Daewoo Co raised a $600m bond this week, but had to navigate questions around the stability of its rating and credentials to get past the finish line.

Sino Biopharmaceutical’s chief executive Tse Ping has sold a portion of his stake in the company for the second time this year, pocketing HK$3.15bn ($406.4m) but causing the stock price to tumble in the secondary market.

The hangover from the record breaking first half of the year in US high grade bonds continued to weigh on the primary calendar with just three borrowers taking home $1.85bn this week.