DBS

Beijing Properties (Holdings), China Everbright Bank and Olam International were vying for investors’ attention on Wednesday in what is a busy week for dollar issuance in Asia ex-Japan.

Three issuers from the aircraft industry, Grand China Air Co, China Aircraft Leasing Group Holdings and Hong Kong Express Airways, hit the runway for their respective dollar offerings on Tuesday morning.

Swiss commodities trader Ecom is back in the market for a one year revolver, mandating four banks for the $400m borrowing.

Investors ate up China Jinmao Holdings Group’s new five year notes this week, allowing it to secure tight pricing for a four-times subscribed $500m deal.

The Asia debt market saw a fresh rush of dollar deals on Wednesday, with property names China Jinmao Holdings Group and Xinhu Zhongbao, as well as Singapore’s United Overseas Bank launching new deals.

Citic and Xinyuan Real Estate are out with their respective bonds on a busy Tuesday in the dollar debt market, as China Jinmao Holdings Group also announces a tender plus new issue as part of its liability management.

Cathay United Bank has hired a senior banker from DBS to helm its corporate banking operations in Hong Kong.

Chinese property developer Yanlord Land Group has rolled out its $600m dual-tranche financing into general syndication.

DBS Group Holdings has reported its lowest quarterly profit in two years, hit by a jump in provisions for bad loans, according to an announcement on Thursday.

Chinese state-owned Qinghai Provincial Investment Group Co sealed its inaugural dollar bond on a quiet day in Asia DCM, bagging $300m from an over 8x subscribed transaction. But pricing was somewhat constrained by the country's weak aluminium sector.

Huawei Investment & Holding Co wrapped up Asia’s first G3 bond from the technology sector this year, pricing its notes through fair value. It plans to become a regular issuer in the capital markets to diversify its funding.

Chinese property developer Yanlord Land Group is poised to return to the loan syndications market with a $600m deal that will refinance a $385m borrowing raised in 2014.