Macquarie Group

National Australia Bank has laid out its plans to float its UK mid-sized bank unit CYBG in London early next year.

Maybank became the first Asia Pacific issuer to launch a Pro-Bond in May 2014. It was the bank’s first foray into the Japanese capital markets, and also represented a useful shot in the arm for the fledgling Pro-Bond initiative. Maybank has since graduated to a Samurai, allowing a useful comparison between the two markets.

Australian lender Macquarie has rejigged its Asia equity capital markets unit with the appointments of Jack Yee and Arthur van Dijk as co-heads of ECM, according to sources close to the moves.

Sadbhav Infrastructure Project is likely to price its Rp4.9bn ($74m) IPO at the top of its indicative price range, according to bankers on the transaction.

Macquarie has hired two bankers from Citi to start a shipping finance business.

Sadbhav Infrastructure Project is poised to close its Rp4.9bn ($74m) IPO on September 2, safe in the knowledge that more than 40% of the deal has been taken up by anchor investors.

India’s Prabhat Dairy is paying no heed to the recent volatility in the country's equity capital markets, forging ahead with its Rp5.2bn ($78m) IPO at a huge premium over industry peers.

Navkar Corp has opened books on its Rp6bn ($91m) listing in India, with the transaction netting 15 anchor investors who have committed to buy shares at the top of the price range.

Investec has appointed Roger Lee, an equities banker, to its largecap European sales team.

The Singapore IPO market finally has something to look forward to, after a quiet year to date, thanks to Jiangxi Jiangling Chassis, which filed its preliminary prospectus on August 12.