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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
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NewOcean Energy Holdings is seeking consent from banks to postpone a principal payment on a $150m loan signed in 2016.
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Singapore-listed Frasers Centrepoint Trust is looking to raise S$1.39bn ($1.02bn) by selling new units equal to over half its existing stock.
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In this round-up, Credit Suisse plans to increase its workforce in mainland China by 100% in five years, the central bank develops a new benchmark interest rate, and yet another US-listed Chinese firm comes under the scrutiny of the US securities regulator.
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In this round-up, China plans to develop the domestic semiconductor industry amid tighter technology export controls imposed by the Trump administration, India blocks over 100 Mainland-based apps including Baidu and Alipay, and Beijing vows countermeasures if Chinese journalists fail to get their US visas renewed.
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Indonesian oil and natural gas company Pertamina has shortlisted six banks for a bridge loan of as much as $3bn to support its acquisition of energy assets.
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Carl Roberts, head of loan syndication for south and southeast Asia at ANZ, is retiring after nine years with the Australian bank.
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