DBS

State-owned Indian companies National Thermal Power Corp (NTPC) and Hindustan Petroleum Corp (HPCL), both regulars in the syndicated loan market, have sent out new requests for proposals.

Investors poured into Tianjin Free Trade Zone Investment Holding Group’s (Tianjin FTZ) debut dollar bond this week, helping the state-owned company raise $500m with a more than seven times covered order book.

Tianjin Free Trade Zone Investment Holding Group (Tianjin FTZ) hit the market for its first dollar bond on December 2.

BoC Aviation has wrapped up its latest borrowing at a bigger size of $500m as banks from across Asia poured into the transaction.

A $125m loan for Bharat PetroResources International (BPRL), a subsidiary of Bharat Petroleum Corp, has wound up with demand driven by Taiwanese lenders.

Korea Development Bank (KDB) returned to the Singapore dollar bond market on November 26, bagging S$200m ($142m) from a three year deal. The offering marks the Korean policy bank’s third offshore outing in just one week, following deals in Australian dollars and offshore renminbi.

OCBC has hired David Cheng from Deutsche Bank to be head of corporate finance. He will run the Singapore bank’s equity capital markets, M&A and equity syndication teams.

Bank of Qingdao priced its HK$4.7bn ($606.5m) IPO at the bottom of guidance on November 25, leaning on a heavy cornerstone tranche and investors from Hong Kong and China to get over the finish line.

India’s Reliance Industries signed its $1.47bn dual-currency loan on November 20 in Dubai, sealing the deal after commitments from a 30-strong group lenders.

The Singapore dollar bond market saw some action on November 26 with Korea Development Bank (KDB) selling a deal in the Lion City.

Tianjin Free Trade Zone Investment Holding Group (Tianjin FTZ) has picked seven banks to arrange its first international bond.

India’s Reliance Industries signed its $1.47bn dual-currency loan at the end of last week in Dubai, with the deal sealed following commitments from a group of around 30 lenders.