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Emerging Markets

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  • Masraf Al Rayan, the second largest Islamic bank in Qatar by total assets, is embarking on a roadshow for its debut outing in the international sukuk market.
  • An investor in Ping An Healthcare and Technology has bagged HK$1.25bn ($159.9m) after selling a chunk of shares in the company, according to a source close to the transaction.
  • Siam Cement Group has set in motion a plan to list its packaging subsidiary, according to a filing with the Stock Exchange of Thailand.
  • Universal Scientific Industrial (Shanghai), a subsidiary of Taiwan’s Advanced Semiconductor Engineering, has increased its debut offshore borrowing to $420m-equivalent.
  • Vietnamese borrowers have kept loans bankers busy amid a broader slowdown in the syndication market. But the welcome they have received so far from lenders may cool down faster than expected.
  • Hyundai Capital America has priced a $800m three year bond alongside a $700m seven year, raising more than expected from its latest outing.