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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
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Russian steel maker Metalloinvest has raised its third syndicated loan of the year, according to bankers. The deal has a fixed rate.
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Commerzbank has hired Jason Ho as its Hong Kong-based head of Greater China primary bonds, to strengthen its debt underwriting franchise in Asia and in China.
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UBS has reorganised the senior management team of its global banking business in Asia Pacific, less than three months after revamping its investment banking unit globally.
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Peking University Founder Group Co failed to repay a Rmb2bn ($284m) onshore bond on Monday, as worries about its mounting debt continue to put pressure on its dollar bonds.
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Acleda Bank, Cambodia’s largest bank by total assets, has got the greenlight from the country’s central bank to hold a public offering.
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The China Banking and Insurance Regulatory Commission (CBIRC) published the first set of capital requirements for banks’ wealth management subsidiaries on Monday, with the rules set to go into effect on March 1 next year.
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