DBS

Beijing Automotive Group (BAIC) and Rizal Commercial Banking Corp (RCBC) are venturing into the international debt market, opening books for their respective euro and dollar bonds.

In this round-up, the Swiss franc set to become directly convertible with RMB, CCB gets a Zurich branch, QDII2 could launching in Shanghai FTZ, booming RMB trade in Korea, Los Angeles tries to get the edge, DBS launches in Qingdao to leverage Belt and Road plans, and CSOP launches two new China ETFs in New York.

Tata Motors has launched a $600m dual-tranche refinancing into general syndication, with the borrower keeping the same top-level syndicate as the original fundraising.

BoC Aviation has swooped into the syndicated loan market for a $300m unsecured transaction, launching the deal with four banks at the top.

BoC Aviation has soared into the syndicated loan market for a $300m unsecured borrowing, launching the deal with four banks at the top.

DBS Bank is following in the footsteps of its peers with plans to launch a Panda bond this year, several sources have told GlobalRMB. The deal will not only be the bank’s debut in China’s onshore bond market, but also mark the first such trade from Singapore.

Swiss commodity trader Gunvor is building momentum for around $1bn of refinancing loans, with commitments due by the end of the month.

Taiwanese company Quanta Computer has selected banks to lead its latest $400m borrowing.

GlobalRMB is reporting from Sibos 2015 in Singapore this week. Here we round up the best from day one of the conference including DBS CEO Piyush Gupta and Boston Consulting Group. Keep checking throughout the day for new updates.

Beijing Automotive Group (BAIC) is planning to issue its first G3 bond, having mandated four banks to arrange a series of investor meetings starting this week.

AAA Oils and Fats, a trading subsidiary of palm oil processor and distributor Apical Group, is in the market for a loan of up to $130m.

Poultry feed producer Charoen Pokphand (CP) Indonesia is tapping the syndicated loan market for a $355m dual-currency fundraising, split between rupiah and dollars.