DBS

Chinese firms Shandong Hi-Speed Group Co (SDHS) and Suzhou Dongshan Precision Manufacturing Co have laid out plans for their respective international bonds.

Two borrowers from the Shandong province in China used different approaches to woo dollar investors to their deals on Thursday, with one going for a rare structure and the other opting to anchor its issuance.

Four Chinese corporate issuers Wanda Holding Group Co, Shandong Iron & Steel Group Co, Hefei Industry Investment Holding (Group) Co and Wuhan State-Owned Asset Management Company are fighting for investors’ attention on a busy Thursday in the primary bond market.

Qingdao Conson Development (Group) Co priced its $400m international debut on Tuesday, paying what bankers considered a reasonable new issue premium against a volatile market backdrop, as the issuer took advantage of investors’ familiarity with Qingdao city.

It’s a week for issuance from Chinese local government financing vehicles (LGFV), with two firms hitting the market on Wednesday and a third company meeting fixed income accounts in Hong Kong.

Supply from China’s Qingdao city is continuing strong, with Qingdao Conson Development (Group) Co becoming the latest company to head to the international bond market.

India’s Rural Electrification Corp is one of the few non-Chinese issuers laying the groundwork for a new dollar bond before the end of the year.

A two-part loan for Singaporean private equity firm Capital Square Partners’ acquisition of business process outsourcing company Aegis has entered into general syndication.

A handful of Chinese issuers are set to go on roadshows next week to gauge investor interest for their offshore bonds.

Huarong Real Estate Co and Fosun International approached investors with different trades on Tuesday, with the former nabbing €500m from its inaugural offshore bond and the latter taking $300m from an opportunistic deal.

Sasseur Reit will put off launching its S$500m ($366m) IPO in Singapore until early next year, according to bankers close to the matter.

Two companies from China’s Qingdao city are preparing to head offshore, just one week after a local government financing vehicle (LGFV) from the area bagged a $800m bond.