ICBC

Industrial and Commercial Bank of China (ICBC) has appointed a new head of global loan syndication, a veteran loans banker from Banca IMI.

Commodities company Trafigura has closed its annual dual-tranche borrowing, increasing the deal from $1bn-equivalent to around $1.5bn.

Chinese sportswear retailer Topsports International Holdings has raised HK$7.9bn ($1bn) from its IPO on the Hong Kong Stock Exchange, pricing the deal just above the bottom of the marketed range.

Hong Kong-based small appliance maker JS Global Lifestyle Co has kicked off pre-deal investor education for its listing on the stock exchange, according to a source familiar with the matter.

JS Global Lifestyle Co, a Hong Kong-based maker of small household appliances, has passed the final stage of its pre-IPO process, winning approval to list from the Hong Kong Stock Exchange.

Loan heads see green light flash across a torpid picture - Porterbrook launches US PPs under sustainability framework - Bunzl turns bank debt sustainable - ICBC London claims first in EMEA bank green loans

Industrial and Commercial Bank of China (London) has closed its first green loan, a $370m dual currency facility, a year after issuing its debut green bond.

Siberian Anthracite, the largest producer of anthracite coal in Russia, has closed a dual currency loan refinancing, adding a large euro chunk to its existing dollar debt. The deal points to a growing inclination towards euro funding among Russian borrowers in a bid to avoid operational and sanction-related obstacles, say bankers.

Commodities company Mercuria has returned for its annual outing to the syndicated loan market, and is seeking $1bn from a four-tranche borrowing.

Chinese sportswear retailer Topsports International Holdings has opened books for its up to HK$9.4bn ($1.2bn) Hong Kong listing.

Budweiser Brewing Company Apac has raised HK$39.2bn ($5bn) after pricing its IPO at the bottom of guidance, and partially using an increase option. It was the company’s second attempt at listing in Hong Kong.

Two Chinese companies tapped dollar bond investors on Monday. One of the most active issuers this year, Zhenro Properties Group, came out with an aggressively priced $300m transaction, while a district-level government financing vehicle sold its debut offshore deal.