Nomura

Shandong Marine Group is marketing its inaugural international Reg S bond, while LVGEM (China) Real Estate Investment Company reopened its 2020s priced two months ago to fund new property projects.

Agencies from the Netherlands, France and Germany are set to come to market on Tuesday for short dated dollar deals.

Abu Dhabi Commercial Bank issued a A$400m ($315.5m) triple tranche Kangaroo bond last Friday, following a similar deal from Emirates NBD in late September — a promising sign for prospective GCC banks looking to return to the Australian dollar market.

The noise surrounding a widely cited 72.5% capital output floor, which is the ratio between how EU regulators calculate a bank’s risk model, is just that, according to several industry sources.

Abu Dhabi Commercial Bank is set to come to market for a potential triple tranche kangaroo bond on Friday, following a deal from Emirates NBD that, according to a banker at one of ADCB’s leads, showed the market was still accessible to Middle Eastern borrowers.

A trio of Asian firms listing in the US have received stellar responses to their IPOs, with Qudian, Rise Education and Sea all getting the thumbs-up from investors.

Asian investors have piled into Qudian’s IPO on the New York Stock Exchange, with the $825m fundraising heavily oversubscribed even before it begins roadshows in the US, said bankers.

A Japanese agency has pipped a Nordic one to the post in a tightly-fought race for the top dollar scores on BondMarker in the third quarter. Just 0.2 marks separate the top three scored dollar prints.

Nomura has grabbed senior Hong Kong-based banker Perry Tsea from Deutsche Bank to lead its Greater China financial institutions group.

Chinese micro-lender Qudian has launched bookbuilding for its IPO on the New York Stock Exchange, which could raise up to $825m, according to a banker close to the deal.

Kia Motors Corp has mandated banks for a new dollar deal, with a global roadshow kicking off in early October.

Two more public sector borrowers brought strong trades to finish a bumper week of dollar deals, both printing $1.5bn of short end dollar paper.