DBS

The lead banks on Keppel-KBS US Reit plan to kick off pre-deal investor education for the $500m Singapore IPO towards the second half of this week.

China’s Haier Group Corp will meet investors this week to pitch its debut dollar bond.

Banks that committed to a $250m loan for Saka Energi Indonesia, the upstream oil and gas arm of Indonesian state-owned Perusahaan Gas Negara, can expect to be scaled back after $285m of pledges came in by the end of general syndication.

Reliance Industries’ telecommunication arm Reliance Jio Infocomm is in talks with banks to refinance a two-tranche loan raised in late 2014.

Chinese water treatment and recycling solution provider Citic Envirotech is readying its second international dollar bond, having mandated three to arrange a roadshow from the end of this week.

Overseas Chinese Town (OCT) managed to capture the last window before China’s Golden Week holiday to price a $800m senior perpetual bond. Malaysia’s Yinson Holdings had a similar idea, selling a $100m perp.

Four firms from Asia ex-Japan are taking bids for their dollar bonds, including Lionbridge Capital Co, Nan Hai Corp, Overseas Chinese Town Enterprises Company as well as Malaysia’s Yinson Holdings.

Far East Horizon has returned to the international loan market after a gap of two years for a $500m deal, and is paying a margin that is about half of what it offered last time.

Nan Fung International Holdings managed to get the best of both worlds on Monday, finding the ideal price for its bond while also bagging a size within its target.

Chinese steel maker Shougang Group Co took advantage of an impressive rally in its outstanding notes to bag a new bond on Monday, with a strong peak order book of $4bn allowing it to slash pricing substantially.

Chinese steel company Shougang Group Co is returning to the dollar debt market with a new five year bond, while Yuzhou Properties Company is drumming up interest for its debut senior perpetual transaction.

Nan Fung International Holdings began marketing a new dollar bullet on Monday morning, the property developer’s second international bond this year.