Citi

Industrial Bank of Korea mandated banks for a social bond issuance on Tuesday, viewing the product as a natural fit for the first transaction from its socially responsible bond framework. Meanwhile, ICBC Asia is looking to sell a new green deal.

Kommuninvest is out with a dollar trade in what bankers expect to be a fairly quiet week bisected by a likely target rate hike by the Federal Open Market Committee.

Citi has named Kelvin Goh as head of FIG insurance, Asia Pacific investment banking, and head of corporate finance for Singapore, according to a memo seen by GlobalCapital Asia.

In a rare instance for CEE countries, Romania has printed 30 year dollar bonds.

Dutch data centre operator Interxion sold a €1bn bond deal this week, the largest fixed rate junk bond of 2018 so far, as the European high yield primary market starts to warm up after a quiet couple of weeks.

Asiana Airlines, South Korea’s second largest carrier, fell victim to the rising interest rate environment, cancelling a senior perpetual bond sale on Thursday. While the notes had a relatively investor friendly structure for a perp, credit analysts did not see much value in the deal.

India’s Tata Motors is seeking an up to $250m loan to buy back bonds that are due in 2020.

Citi has made two senior changes to its Asia Pacific financial institutions group (FIG), according to an internal memo seen by GlobalCapital Asia on Friday.

Puxin and VCredit Holdings, both of which launched IPOs earlier this week, were covered on their first day of bookbuilding.

Romania has released initial price guidance for a dollar bond offering around a 30bp-40bp pick-up over its outstanding curve, according to a banker away from the deal.

China Everbright Bank’s Hong Kong branch sold its first euro-denominated bond on Wednesday, part of a dual-currency floating rate transaction.

Slovakia sold 10 year and 50 year bonds from a combined book of over €5bn on Tuesday, the first European sovereign bond since Italy-led volatility last week turned government bond traders’ screens into a kaleidoscope of reds and greens. It was also the longest CEE print in over a decade.