Morgan Stanley

Shares in Adnoc Distribution, the chain of petrol stations and shops in the United Arab Emirates that has floated on the Abu Dhabi Securities Exchange, traded up 6% on their first day today, boding well for future Gulf privatisations.

Bank of Chongqing Co started bookbuilding for its Basel III compliant additional tier one dollar bond on Wednesday, adding to a sector that has seen plenty of action this year.

Shares in Detsky Mir, the Russian toy retailer, fell 8.2% on Tuesday after Sistema, the Russian conglomerate controlled by Vladimir Yevtushenkov, and the Russia-China Investment Fund sold some of their shares in the company through an accelerated bookbuild on Monday night.

India’s Rural Electrification Corp raised $400m from a three year bullet on Monday, opting for an unusual tenor for a credit from the country, but still finding more than enough support for its deal.

State-owned Indian lender Punjab National Bank has wrapped up a Rp50bn ($775m) capital raise through a qualified institutional placement (QIP), according to a banker on the deal.

Abu Dhabi National Oil Co attracted good international participation to the $850m IPO of Adnoc Distribution, its chain of petrol stations and shops in the United Arab Emirates, which was priced on Friday.

Bank of Chongqing Co is meeting fixed income investors this week to gauge their appetite for an additional tier one dollar bond, as it sets its sights on raising up to Rmb5bn ($755m) equivalent.

India’s Rural Electrification Corp kicked off the week by launching a three year dollar bond on Monday morning local time.

A flurry of activity in the Australian dollar market this week may be at an end after a lower than expected third quarter Australian GDP print.

A shareholder of Doosan Bobcat is in the market to sell up to W138bn ($126m) of stock on Wednesday evening, punctuating a slow week for block trades in Asia.

Indian Railway Finance Corp (IRFC) made a rare appearance in the dollar bond market on Tuesday, and its first green issue appealed to international investors.

Indonesian power producer Paiton Energy returned to the international debt market on Monday to add another $100m to its August bonds, in a bid to extend its debt maturity profile.