DBS

HNA Commercial Reit is searching for arrangers for its Singapore IPO after Bank of America Merrill Lynch pulled out from the deal. But the real estate investment trust’s listing may have to wait until its troubled parent can rebuild confidence in its name, said a source close to the transaction.

China Chengtong Holdings Group, a pilot state-owned operating company, is offering investors a taste of its inaugural deal, launching a five year bullet on Tuesday.

Mining company Vedanta Resources is making a rapid return to loans, mandating five banks for a deal of around $500m while simultaneously wooing investors for a dollar bond.

State Bank of India’s new $750m five year financing has been launched into syndication after a 10-strong bookrunner group funded the transaction.

Vedanta Resources plans to return to the dollar market with a seven non call four year offering, in parallel with a tender offer for its existing 2019s and 2021s.

Shougang Corp Co, one of China’s largest steel producers by volume and assets, priced its maiden euro bond on Thursday, joining a slew of Chinese names exploring the European market this year.

Hong Kong-listed China Agri-Products Exchange’s (CAP) rights issue to raise HK$1.3bn ($166.4m) has received "negative feedback" from the city’s bourse and could be rejected.

Chinese steel producer Shougang Corp Co is taking bids for its inaugural appearance in the euro bond market.

First-time issuers China Chengtong Holdings Group and China Logistics Property Holdings Co are preparing for their dollar fundraisings, tapping banks to lead their respective offerings.

DBS Group Holdings made a triumphant debut in the green bond market this week, earning bragging rights for the deal’s heavy placement with bona fide green investors. But there is still a long road ahead before Singaporean issuers flock to the market en masse. Addison Gong reports.

Terms are out for a $1.5bn three part loan for commodities trader Trafigura, which invited banks for a roadshow earlier this week.

DBS Group Holdings sold Singapore’s inaugural international green bond on Tuesday in style. The strength of its credit, coupled with the green label and a conducive market backdrop, helped the bank print inside the curves of its global peers.