Citi

Korea Electric Power Corp (Kepco) made a remarkable return to the debt market on Monday, selling a $500m green bond as its first public dollar deal in 15 years.

ESR-Reit, a real estate investment trust, has raised S$150m ($109.4m) from a combined placement and preferential offering of new units.

Xinyi Glass Holdings and Xinyi Group (Glass) Co sealed a HK$1.18bn ($150.3m) block trade of Xinyi Solar Holdings' shares on Monday after a lock-up expired on their positions in the company.

China Everbright Bank has become the latest Chinese lender to tap the offshore market for floating rate notes (FRN), raising $500m at an aggressive level on Monday.

Chile sold a $1.418bn bond on Monday, in the process becoming the first sovereign in Latin America to issue a green bond. The sovereign will look to repeat the feat in the euro market in the coming weeks.

For its dedication to advocacy for the derivatives industry’s improvement, investment in meaningful technological change and its ability to adapt quickly to change, Citi is GlobalCapital’s Americas Derivatives House of the Year, as well as its Clearing House of the Year and Research and Strategy House of the Year.

Citigroup is in the market with a refinancing of metals waste management company Befesa, following Triton Partners’ exit from the 18.6% stake it held in the company earlier this month through a block trade. The company is raising a €526m loan to refinance its existing 2022 loan of the same amount.

Emerging market bankers forecasted on Monday a spate of deals from across the EMEA region due this week, as Sharjah Islamic Bank joined the fray with a sukuk mandate that will begin with a spell of investor meetings.

China’s Ascentage Pharma Group International and CIMC Vehicles kicked off pre-marketing for their respective Hong Kong IPOs on Monday. Both are expected to launch bookbuilding by the end of June.

Indian mortgage lender Housing Development Finance Corp has completed a block sale of 31m shares, or a 4.2% stake, in Gruh Finance to rake in Rp8.9bn ($129.34m).

Philippine company International Container Terminal Services has closed its €260m borrowing after changing the use of proceeds.

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