ICBC

Barratt Developments, the UK home builder, has lengthened the tenor of a revolving credit facility by two years.

Details on pricing have emerged on CT Corp company Trans Retail Indonesia’s $575m five year loan, which is expected to be pre-funded by seven lenders shortly.

Chinese sportswear manufacturer Xtep International Holdings has doubled the size of its latest borrowing to $200m after finding demand from a group of nine banks.

In this round-up, China saw another sizeable drop to its foreign exchange reserves in November, the Shenzhen Connect saw subdued trading activity in its first four days, and Egypt signed its first currency swap line with China. Plus, a recap of our coverage this week.

China Minsheng Banking Corp grabbed the market’s attention on Wednesday, raising the maximum amount it had approval for with its debut additional tier one note, and getting away with little new issue premium.

The Shanghai Municipal government priced the first free trade zone (FTZ) bond on Thursday, marking the launch of a third bond market in China.

Property firm Ezdan of Qatar has rallied 10 banks to participate in its $460m Islamic loan refinancing. All were Middle Eastern except HSBC and Industrial & Commercial Bank of China.

China Minsheng Banking Corp is set to debut in the dollar bank capital market, launching its deal on Wednesday morning in a week otherwise filled with trades from local government financing vehicles (LGFVs).

CSC Financial Co has priced Asia's last jumbo IPO of 2016, selling shares in its Hong Kong listing in the middle of expectations to raise HK$7.7bn ($992.5m).

China Minsheng Banking Corp is looking to sell its inaugural Basel III bank capital offering, having picked banks to prepare a dollar-denominated additional tier one (AT1) bond.

Asia ex-Japan debt capital markets had a quiet opening on Monday, with a sole Chinese local government financing vehicle (LGFV) out for dollar funding. On the same day, another two LGFVs announced mandates.

State Power Investment Corp (SPIC) fired the starting pistol in Asia’s dollar bond market this week, selling a $1.2bn dual tranche offering on Tuesday. The state-owned enterprise played off its strong name and high rating, and ended up paying little by way of new issue premium, even though the market was volatile.