DBS
-
China’s Fenghui Leasing Co obtained a first-time rating on Tuesday ahead of its offshore debut in dollars while India’s Adani Transmission has ditched a potential Masala bond in favour of just selling dollars.
-
Singapore’s Noble Group has sown up its S$719m ($522m) rights offering with a 173.7% oversubscription, according to a stock exchange filing on Monday.
-
DBS is establishing a securities business in Japan to help investors grappling with the low interest environment in the country earn better returns in the rest of Asia.
-
Indian mortgage lender HDFC has allocated its $375m loan among 17 banks, introducing a smaller ticket level after launching general syndication to accommodate some lenders’ requests.
-
The Asian loans teams at three banks have seen changes recently following exits in Hong Kong and Singapore.
-
China Minmetals Corp printed its first dollar bond of the year on Wednesday, replicating the same structure as its last outing a year ago. While some market participants reckoned the issuer was aggressive with pricing, the secondary performance of the notes indicated otherwise.
-
China Jinjiang Environment Holding Co has bagged S$184.3m ($135.8m) after wrapping up a Singapore listing, in a rare transaction from a mainland company.
-
Singapore’s authorities are set to take action against multiple banks where they have discovered failings in anti-money laundering controls relating to Malaysia’s scandal-hit investment fund 1MDB.
-
Invitations are out for commodities trader Trafigura’s annual Asian financing, which as in the past couple of years includes a renminbi tranche.
-
EC World Real Estate Investment Trust has sealed its S$346.4m ($255.2m) Singapore listing after a wealth of interest from Chinese investors pushed pricing near the top of guidance, according to a source close to the IPO.
-
China Minmetals Corp started attracting attention from investors on Wednesday morning, taking bids for a dollar offering divided into a five and 10 year.
-
Chinese sportswear maker 361 Degrees has announced the results of a tender offer for its offshore renminbi-denominated notes.