Hong Kong SAR

Hong Kong carrier Cathay Pacific Airways has landed in the international loan market for a $350m three year borrowing.

Sichuan Energy Investment Development Co is looking to list on the Hong Kong Stock Exchange, having filed a draft prospectus with the bourse this week.

Nomura has grabbed senior Hong Kong-based banker Perry Tsea from Deutsche Bank to lead its Greater China financial institutions group.

Global Logistic Properties is coming back to the Panda bond market after a year-long absence, approaching the interbank market with a Rmb1bn ($150.7m) five year note pricing on October 13. But while investors will be familiar with the issuer, the new bond bears little resemblance to GLP’s previous offer.

The head of credit for Axis Bank in Hong Kong has resigned and will be joining financial services firm Cantor Fitzgerald in October, sources told GlobalCapital Asia.

Despite a low turnout by shareholders, Carnival Group International Holdings has raised HK$1.7bn ($219.9m) from a rights issue of more than four billion shares.

The worst nightmare for bankers is an absurdly demanding client. But throw in a teenage tantrum and things go from bad to worse.

The National Bank of Canada (NBC) has raised Rmb600m ($90.3m) from a three year bond on September 28, becoming the second Canadian issuer to hit the dim sum market in two weeks.

Nomura’s John Goff is adding the positions of head of global finance for Asia ex-Japan and acting head of DCM Asia ex-Japan to his job description.

Hong Kong Exchanges and Clearing (HKEX) is to start offering iron ore futures contracts from November.

Singapore-based V3 Group, which operates in the luxury lifestyle and wellness markets, began pre-marketing a potential $400m Hong Kong IPO this week, said a banker close to the deal.

Far East Horizon has returned to the international loan market after a gap of two years for a $500m deal, and is paying a margin that is about half of what it offered last time.