DBS

Asia’s debt capital market is set for a busy start to the year with both repeat and debut issuers looking to sell dollar offerings as early as this week.

A $305m three year borrowing for Tata Power's subsidiary, Khopoli Investments, has received commitments from two banks, having been in general syndication since September.

A $200m equivalent borrowing for Yue Xiu Enterprises has been launched into syndication with one bank at the helm.

Tata Motors has allocated its $600m dual-tranche refinancing among a group of 36 banks. The company split the amount evenly between a five year and a seven year despite the longer tenor seeing a higher volume of commitments.

Invitations are out for a $200m-equivalent borrowing by Yue Xiu Enterprises (Holdings), a company owned by the Guangzhou government.

State-owned refiner Bharat Petroleum Corp has sent out a request for proposals for a $200m deal, coming to the market eight months after it cancelled a loan in favour of a bond.

The Singapore Exchange is closing the year on a positive note thanks to BHG Retail Reit, which this week raised S$255.8m ($181m) from the country’s first and only mainboard IPO of the year.

India’s Reliance Industries has selected a group of 13 lenders for a $1bn loan that will refinance a borrowing raised in 2010.

The Singapore Exchange is closing the year with some hope thanks to BHG Retail Real Estate Investment Trust (Reit), which has raised S$255.8m ($181m) from the country’s first mainboard IPO of the year.

For the third part of our annual awards, we cover Best Local Currency Bond, Best Securitization, Best High Yield Bond, Best Investment Grade Corporate Bond, Best Financial Bond, Best Sovereign Bond, Best Local Currency Bond House and Best G3 Bond House.

In the first instalment of our 2015 awards, we present the winners for Best Project Financing, Best Leveraged Financing, Best Investment Grade Loan and Best Loans House.

BoC Aviation has increased its latest borrowing to $500m after banks from across Asia poured into the transaction.