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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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  • China Everbright Greentech has started meeting investors to drum up interest in its Hong Kong IPO, which could raise $500m, according to a source close to the deal.
  • ONGC Videsh (OVL), the overseas investment arm of Indian state-owned ONGC, has selected three banks for a $500m term loan to replace a bridge from last year. The oil firm is also raising funds in yen, and has picked two Japanese lenders for the financing, said a source.
  • South Korea’s Lotte Group is targeting a third quarter listing of its Malaysian petrochemicals arm, which will raise more than $1bn.
  • The first meeting between new US president Donald Trump and his Chinese counterpart Xi Jinping starting Thursday could prove fateful for the bilateral relationship and China's renminbi, with the outlook remaining cloudy on what the US president's next moves might be.
  • Macquarie’s head of ECM origination for Asia has left the firm, sources close to the move have told GlobalCapital Asia.
  • Global hair goods manufacturer Evergreen Products Group is looking to float in Hong Kong, and has submitted a draft prospectus for approval with the city’s exchange.