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Meanwhile, LatAm sovereign announces mandate for a multi-tranche deal that could come next week
Sovereign closed 'remarkable' deal despite US Treasury pricing drama
Big, volatile week in EM raises questions around fair values

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  • A recent ratings outlook upgrade for Hong Kong developer Nan Fung International Holdings gave it a fillip, helping it raise $500m from a 10 year bond issuance on Tuesday.
  • Bank of the Philippine Islands (BPI) made its first jump into the bond market on Tuesday, taking home a larger-than-expected $600m after investors embraced the rare Philippine issuance.
  • CPI Ronghe Financial Leasing is in the market for its second international loan after wrapping up a successful debut last November.
  • Chinese firm Tubatu Group Holdings is seeking the greenlight to list in Hong Kong, filing a draft prospectus with the city’s bourse on Tuesday.
  • The debate over whether Shanghai Lingang Economic Development (Group) Co and Zhuhai Huafa Group Co are pure-play local government financing vehicles or Chinese state-owned enterprises took centre stage during their dollar bond outings on Tuesday.
  • Viomi Technology, a partner of Chinese smartphone-to-internet company Xiaomi, is looking to float on the Nasdaq for up to $150m.