JP Morgan

Shanghai Electric priced its maiden bond on Thursday, raising $500m with a five year offering. A high proportion of the book went to European investors who saw better value in the underlying credit than Asian investors who deemed it to be expensive for a regional name, according to bankers.

The world’s fourth largest mobile service provider, Bharti Airtel, raised Rp21.4bn ($349m) on August 7 by offloading parts of its stake in Bharti Infratel via a trade that was close to double the size of what the seller originally planned.

Landlocked South American sovereign Paraguay surprised some with its timing by issuing its second ever international bond on Monday. But though bankers away from the deal said the 30 year deal created a steep curve, others said the borrower’s strategy was spot on.

German carbon black producer Orion Engineered Carbons has widened price guidance on its €780m-equivalent loan and will close books on the deal today.

Asia Color Company, controlled by CVC Capital Partners, raised Rph4.7tr ($399m) on Tuesday by selling a chunk of its shares in Matahari Department Store. A strong response from investors allowed the private equity firm to offload a bigger stake than first planned.

Indian real estate developer Prestige Estates Projects raised Rp6.13bn ($100m) on Monday with a tightly priced qualified institutional placement (QIP) that was one third bigger than the base offer.

Shanghai Electric Group (SEG) brought out its debut international deal on Thursday, with the local government owned equipment manufacturer offering a Reg S five year bond.

Telecommunications giant Bharti Airtel is selling a 2.4% stake in its majority-owned subsidiary Bharti Infratel, with early indications from investors already enough to suggest that the Rp11.25bn ($183.4m) offer-for-sale (OFS) will get done.

Chinese mobile game distributor iDreamSky Technology is set to price its $115.5m Nasdaq IPO above the indicative price range.

Asia Color Company, controlled by CVC Capital Partners, raised Rph4.7tr ($399m) on August 5 by selling a chunk of its shares in Matahari Department Store. A strong response from investors allowed the private equity firm to offload a bigger stake than originally planned.

Indian real estate developer Prestige Estates Projects raised Rp6.13bn ($100m) on August 4 with a tightly priced qualified institutional placement (QIP) that was one-third bigger than the base offer.

Landlocked South American sovereign Paraguay surprised some with its timing by issuing its second ever international bond on Monday. But though bankers away from the deal said the 30 year deal created a steep curve, others said the borrower’s strategy was spot-on.