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  • Power Construction Corp of China priced its $500m bond 20bp inside of fair value this week, taking advantage of the rarity value of perpetual notes from the country’s state-owned companies.
  • Shriram Transport Finance Co caught an opportune time to print a $225m tap of a bond on Thursday, with the response to its deal reflecting investor preference for strong Indian credits.
  • Two Mexican corporates — real estate investment trust (Reit) Fibra Uno and leasing company Operadora de Servicios Mega — re-opened bonds on Thursday as supply trickles into the Latin American primary bond market. But only Fibra Uno was able to tighten pricing from initial price thoughts.
  • Casino operator MGM China Holdings added more liquidity to its balance sheet this week with a $750m bond outing.
  • Chinese question-and-answer platform Zhihu has raised $522.5m from its US IPO, after pricing the deal at the bottom of the marketed range, according to a source familiar with the matter.
  • Chinese firm Linklogis has thrown open the book for its Hong Kong IPO, aiming to pocket up to HK$8.28bn ($1.06bn).