News content

UBS wasted no time in using the rally induced by more European Central Bank stimulus on Monday, launching the first additional tier one transaction since a sharp sell-off had some predicting the death of the product last month.

Costa Rica based lender Banco Bac San José is looking to syndicate a slice of a $75m borrowing in Asia, sending out an outline of the loan to prospective participants in the region on Monday.

India’s Bombay Stock Exchange (BSE) could float as soon as September 2016 after getting the go ahead from the country’s stock market regulator.

The securitization of non-performing loans will be one of the key tasks for the China Banking Regulatory Commission this year, according to chairman Shang Fulin.

Chinese e-commerce group Alibaba has launched its latest loan at $3bn, less than a week after it signed an agreement with eight mandated lead arrangers and bookrunners. However, the financing could be even bigger, with the top group hoping demand will be strong enough to increase it to $4bn by the end of syndication.

China Zheshang Bank has launched a Hong Kong IPO of up to HK$13.6bn ($1.75bn), which has the potential to be the largest listing in the city so far in 2016.

India’s ICICI Bank is on track for its first dollar issuance of the year, having launched bookbuilding for a 10 year trade.

The Chinese green bond market is really starting to shape up with Bank of Qingdao (BQD) becoming the country’s third issuer domestically following the asset class’ debut this year.

Another week and another first for the Schuldschein market, in what has been a stunning first quarter for the German private placement market. Fresenius US Finance II has completed the largest dollar deal in the market, raising $400m, according to bankers.

Hong Kong-based Chong Hing Bank (CHB) is marketing its debut Panda bond of up to Rmb1.5bn ($231m) and is aiming to price the deal this month, several sources close to the deal have told GlobalRMB.

Bank of Tianjin has commenced pre-deal investor education to test the waters for its $1bn Hong Kong IPO, say bankers.

Hong Kong MTR Corp’s tightly priced HK$15bn ($1.9bn) loan has attracted interest from more than 20 banks in syndication, according to sources.