DBS

Tianjin Rail Transit Group completed its first international bond on Wednesday, raising $500m from a dual-tranche offering split between a three and a five year.

Hong Kong-listed conglomerate Dah Chong Hong is preparing a loan to back its acquisition of Li & Fung’s Asia consumer and healthcare distribution business.

The Singapore branch of Industrial and Commercial Bank of China has become the lender’s first offshore unit to issue a fixed rate dollar bond this year, raising a larger than expected $800m.

Tianjin Rail Transit Group (TRT) ventured into the international bond market for the first time on Wednesday and is receiving bids for a $500m dual-tranche offering.

Manulife US Real Estate Investment Trust started taking orders for its $470m Singapore IPO on Tuesday and is hoping to woo investors following a failed attempt at a listing last year.

Indian mortgage lender HDFC is in the final stages of signing up lenders for a $375m borrowing, according to two sources.

Industrial and Commercial Bank of China’s Singapore branch has ventured out to the dollar bond market straight after the end of Labour Day holidays, launching a three year offering on Tuesday.

China Aircraft Leasing issued its first dollar bond on Thursday, sealing $300m from an offering that was notable for the stark difference in response in the primary and secondary markets.

Chinese technology group Huawei Investment & Holding left nothing to chance with its $2bn bond return. It paid up to compensate for the size of the deal and to soothe investor concerns over the poor secondary performances of other recent deals.

A multi-currency loan for Sino Horizon Holdings has been launched into syndication via one bank. But as the facility size is relatively small, not all lenders will be able to get a piece of the deal.

Huawei Investment & Holding Co is out with a new 10 year dollar trade, while China Aircraft Leasing Group (CALC) has also taken off for its debut international bond.

The limited syndication process for a multi-currency financing for affiliates of Sino Horizon has begun with one bank at the helm.