Deutsche Bank

Dutch insurer ASR Nederland on Wednesday became the first issuer to sell sub debt this week. The issuer suffered from lacklustre demand for a perpetual non-call 10 deal, which some syndicate bankers attributed to the glut of debt issued by Dutch rivals already this year.

Synthos SA, a leading manufacturer of chemical raw materials in Central and Eastern Europe, is out with guidance for a euro-denominated bond after wrapping up investor meetings on Monday.

China’s Geely Automotive Holdings opened books for its inaugural international issue on Wednesday. The car maker is offering a Reg S/144A five year non call three dollar bond.

Just a month after netting close to $400m by selling some of its stake in Indonesian retailer Matahari Department Store, CVC Capital Partners is back in the equity capital markets — this time aiming to raise close to $1bn by offloading some of media company Link Net.

Southeast Asia’s largest e-payment firm MOL Global is set to become the first Malaysian company to list in the US, opening books on September 24 for a Nasdaq IPO of $283m.

Delachaux, the French industrial company is closing orders today for its €765m loan, which has attracted strong interest and been oversubscribed, according to a banker. The company will make adjustments to the tranche sizes and pricing.

CNH Industrial, the US-Italian maker of agricultural and construction machinery and trucks rated Ba2/BB+, prioritised price over size for its euro bond return on Monday.

China’s Datang Telecom Technology sold its inaugural international bond on Monday, September 22. Although forces of nature delayed the launch of the unrated three year offshore renminbi issue, the deal ultimately drew a very warm response from investors.

South Korea’s Nonghyup Bank made a solid landing with its return to the dollar market on Monday, September 22. The $300m five year issue received strong support from Asian investors and priced slightly inside of the borrower’s outstanding 2018s.

Malaysia’s RHB Bank is looking to issue its first dollar bond since 2012. The borrower will be meeting investors this week for the proposed senior notes.

Corporates are increasingly feeling the appeal of the Chinese currency, but a lack of regulatory clarity and the need for technological investment has been a deterrent to widespread adoption. But in a new report, Deutsche Bank argues that the time to act is now.

The IPO market in India is coming back to life with state-owned Rashtriya Ispat Nigal Limited (RINL) filing for a listing worth roughly $500m — reviving the deal two years after it shelved its IPO plans.