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African mobile payment provider prepares to list, seeking large valuation
Deep breath for market as more guidance, more mandates appear
Secondary market selling of private bonds may be wreaking havoc with the primary market for public debt but the trades were still the right thing to do
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Metallurgical Corporation of China and BOC Aviation found strong investor support for their bonds on Monday, with the former bagging Asia’s first senior perpetual bond in more than a month and the latter walking away with an over six times covered transaction.
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Summit Power International’s hopes to be the first Bangladeshi issuer to list in Singapore have fizzled out after its $260m IPO was withdrawn.
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Vietnamese real estate developer No Va Land Investment Group pulled off the combined sale of a convertible bond and top-up share placement last week. The success of the hybrid fundraising structure means other potential issuers in the region should give it a close look.
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Credit Suisse has added a senior banker from Morgan Stanley to the ranks of its Greater China technology, media and telecom investment banking team.
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Dominique Blanchard has returned to Crédit Agricole as regional head of the global markets division, Asia Pacific, the bank announced on Tuesday.
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Two Chinese companies have filed draft IPO documents in Hong Kong a day before the bourse rolls out its plans to encourage listings from the new economy sector.
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