HSBC
-
Tata Motors will open books on its nine-for-109 rights issue next month signing up a whopping nine banks to lead the deal. If the issue raises the targeted Rp75bn ($1.2bn) it will rank as India’s second largest ever rights issue.
-
Ageas Hybrid Financing, a unit of Belgian holding company Ageas, which owns insurer AG Insurance, wrapped up a tender of a €500m 5.125% perpetual bond on Monday.
-
Korea Hydro & Nuclear Power (KHNP) is gauging investor interest for a potential dollar offering having scheduled a series of meetings starting on April 7.
-
Ascendas Hospitality Trust has raised S$75m ($54m) from its debut bond offering.
-
Taiwan’s TPK Holding is tapping the equity capital markets to raise $286.4m from a combination of placement and a convertible bond, with the latter issuance marking Asia ex-Japan’s very first $100m-plus equity-linked product for the year.
-
Hong Kong has picked banks for the follow up to its record setting debut sukuk.
-
Hong Kong Telecommunications (HKT) wrapped up a stylish return to the dollar bond market on March 30, helped by a large order from a single investor. The high overall demand for a rare Asian telco allowed the new trade to come inside the borrower’s existing dollar curve.
-
Henderson Land Development has sealed an HK$18bn ($2.32bn) borrowing, its largest ever syndicated loan, with a group of 22 banks.
-
Stada, the unrated German generic and branded drugs maker, has hired banks for a seven year euro bond.
-
German car parts maker Schaeffler printed on March 27 €1.5bn of dual currency, senior secured high yield notes, capturing large savings.
-
Land Securities, the UK’s largest listed commercial property company, has signed a five year loan for £1.3bn with two new banks in the syndicate.
-
Bulgaria has repaid a $1.5bn bridge loan to banks after issuing the largest ever euro bond from an emerging market sovereign earlier this month.