Mizuho

Hong Kong property company Hysan Development Co used a fixed-for-life structure for its $300m perpetual bond on Tuesday, taking advantage of the low interest rate environment to lock in pricing.

Hong Kong-listed financial leasing firm Far East Horizon has exercised part of a greenshoe option on its loan to boost the deal to $1.29bn-equivalent.

Supply chain manager Li & Fung reopened a bond sold just last week for an additional $100m that was raised on the back of reverse enquiry from investors.

Two agencies were out with dollar mandates on Monday and more public sector borrowers could follow with deals this week as a rise in US Treasury yields boosts demand for SSA dollar bonds.

A small group of Japanese banks have signed a syndicated facility that will support the funding of a solar power plant in Qatar, which is jointly owned by a consortium of Japanese, French and Qatari firms.

Soaring demand and tight spreads lured repeat borrowers as summer dollar bond supply soared with $34bn of new issuance crammed into four days.

Hong Kong-based Li & Fung used a coupon step-up in case of a rating downgrade to attract investors to its $300m bond on Tuesday, as it gears up for a big hit to its business this year as a result of Covid-19.

CSC Financial Co, better known as China Securities, raised $500m from the international bond market this week ─ generating an order book more than 12 times the size of the deal at its peak.

Philippine oil refining and marketing company Petron has warned its lenders about a potential covenant breach on two of its dollar loans.

Manila Water Co managed to make its international bond debut on Thursday despite facing a number of challenges, including looming questions about its future amid a dispute with the Philippine government.

ICBC International Holdings found a positive window to sell a five year bond on Tuesday, riding the uptick in market sentiment to price a $700m transaction inside fair value.

While bankers in the Northern hemisphere plan well-deserved summer breaks, the Australian and New Zealand dollar markets are set to remain open for business, with some competitive pricing on offer.