HSBC

VRL Logistics’ Rp4.68bn ($75.20m) IPO in India has met with an enthusiastic response, after anchor investors signed up for their full 30% allocation at the maximum price and covered $22.56m of the book.

Haitong International Securities has signed its latest loan at an increased size of HK$6bn ($774m), driven by strong demand from Taiwanese, Hong Kong and Korean banks.

Formosa Plastics Group has priced a $1bn 10 year dollar bond, wrapping up a stylish return to the dollar bond market. The deal saw solid demand as investors didn’t want to miss a rare opportunity to get their hands on a Taiwanese credit.

China Communications Construction Co (CCCC) made a successful debut in the international bond market on April 14 with a senior perpetual bond. Its rarity value, attractive pricing and great timing drew huge demand from investors, which allowed the issuer to achieve the lowest coupon for a senior dollar perp in Asia.

Industrial Bank of Korea (IBK) mandated six banks on Wednesday, April 15 to run its first outing to the dollar bond market in almost three years.

Moy Park, the UK poultry producer owned by the Brazilian food group Marfrig, sold a tap of its £200m debut high yield bond at 98.501 to yield 6.55% on Tuesday.

Abengoa, the Spanish engineering and renewable energy firm, on Thursday ticked the savings box with €375m of senior unsecured notes that achieved final terms below the 8.5% 2016 bond they are set to repay.

Top Right, the UK information and events group owned by Apax, has allocated its £435m-equivalent refinancing loan with a small change to the deal’s dollar tranche.

Bahrain’s Ahli United Bank has mandated Goldman Sachs, HSBC and Morgan Stanley to arrange a tier one dollar bond.

Malaysia’s RHB Capital has mooted an MR2.5bn ($687.81m) fundraising to help it meet Basel III and funding requirements. The bank is also proposing an extensive internal restructuring that will see it transfer its listing status to RHB Bank.

China Communications Construction Co (CCCC) has opened books to its maiden deal in the international bond market, having chosen a rare senior perp structure for a debut issue.

Formosa Plastics Group started taking orders for its return to the dollar as it opened books to a 10 year bond on Tuesday, April 14. Despite the crowded pipeline in the Asian bond market, bookbuilding has been smooth as the deal is driven by strong indications of interest.