Citi

OUE Commercial Real Estate Investment Trust (Reit), a well-known name in capital markets, is tapping its shareholder base for S$218.3m ($161.6m) via a nine-for-20 rights issue to fund its acquisition of One Raffles Place in Singapore.

China Huiyuan Juice Group chose June 29 to make a debut in the euro bond market. The timing surprised many bankers off the deal coming in the middle of increased volatility linked to Greece. But bankers on the trade, encouraged by a heavily anchored book went ahead and raised €200m ($223m) from a two hour transaction.

The People's Bank of China surprised the markets over the weekend by slashing rates for the fourth time since November 2014. But the Asian dollar bond market has been paralysed on June 29, due to the spectre of a Greek default and exit from the euro. The only issuer braving the market is China Huiyuan Juice Group which opened books for a three year deal in euros that was fully covered by anchor orders.

HSBC has hired a banker from Citi to replace Charlie Morin, who left his job as head of FIG DCM for France and Belgium last month.

India’s IndusInd Bank raked in Rp43.26bn ($681.85m) from a qualified institutional placement on June 26 that proved extremely popular, as the pipeline of ECM fundraisings feeding into the country’s banks continues to stack up.

Taiwan’s Advanced Semiconductor Engineering has ventured back into equity-linked after a near two-year hiatus, raising $200m from a 2.75 year convertible bond that was flooded with orders, and led to nearly half the accounts going home empty handed.

China Life Insurance Company braved the volatile global market on June 25 to sell the country’s first core tier two subordinated insurance bond. China’s largest underwriter set a benchmark for insurance capital under the country’s new regulations, and more are expected to come.

CJ CheilJedang Corporation has picked three banks ahead of its upcoming offshore bond, which is likely to be in hybrid format.

Citi has appointed Citi veteran Anand Selvakesari as head of consumer banking for Asia Pacific, as his predecessor, Jonathan Larsen, focuses on the global and US retail banking and mortgage franchises

Heinz’s jumbo bond backing its acquisition of US foods group Kraft topped off the dollar market’s best ever quarter and half-year for high-grade corporate issuance.

Korea National Oil Corp (KNOC) has mandated six banks to prepare for the first outing to the offshore debt market this year. Although nothing has been decided on the upcoming notes, the borrower is expected to return before November 2015, when its existing bond comes up for maturity.

South Korea’s Mirae Asset Life Insurance Co slashed the size of its IPO to W340.5bn ($304.8m) on June 25 after pricing the trade below guidance, following a slow-burning bookbuilding process.