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Emerging Markets

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  • Indian lender Yes Bank has decided to increase size of its five year syndicated loan, which was marketed to Taiwanese banks, to $250m from $200m, said a banker close to the trade.
  • Sea can lay claim to being one of this year’s most well-participated IPOs by an Asian issuer, after more than 500 investors piled into its New York Stock Exchange flotation.
  • Hong Kong-listed 13 Holdings is planning a rights issue of up to HK$1.15bn ($147.8m) to help restart the development of its luxury Macau destination, The 13 Hotel.
  • Southeast Asian issuers have been largely absent from a bumper crop of dollar bond supply in the region over the last few weeks. But Malaysian aluminum producer Press Metal Aluminium Holdings is planning to add a bit of spice to the market, after opening books for its debut on Monday.
  • Chinese state-owned power company China Huaneng Group opened the week with a senior perpetual bond following an Asian roadshow that took place last week.
  • Jianpu Technology has filed for a $200m listing of American Depositary Shares, tapping three bulge bracket banks as underwriters. Hong Kong-based iClick Interactive Asia Group, meanwhile, is eyeing $100m.