Northeast Asia

Shanghai-listed Guirenniao Co is looking to pursue a $300m bond, while the National Development and Reform Commission (NDRC) has also approved a handful of other potential offshore issuances.

Volkswagen Finance (China) is preparing to hit the securitization market for the second time this year, only three months after its last transaction. But while the new deal retains some of the key features from VW’s last one, it will be notably smaller, raising only Rmb3.66bn ($554m).

Joy City Property, a red chip real estate developer, has picked two banks to manage its Panda bond debut.

The Hong Kong subsidiary of Lotte Shopping Co, the retail unit of South Korea’s Lotte Group, kicked open the quiet primary bond market on Wednesday with its first dollar outing in five years.

The Development Bank of Japan (DBJ) is set to go on the road to promote its third sustainability bond. Bank Nederlandse Gemeenten has also unveiled plans to return to SRI this year.

i-Cable Communications has wrapped up its open offer, but received an underwhelming response from shareholders, according to a filing with the Hong Kong Stock Exchange.

Chow Tai Fook Enterprises (CTFE) has rolled out a HK$17bn ($2.17bn) loan for its acquisition of Alinta Energy.

A former Goldman Sachs banker has decided to come out of retirement to join Standard Chartered in a senior management position.

Red chip Brightoil Petroleum (Holdings) has picked JP Morgan First Capital (JPMFC) to underwrite its debut Panda bond on Shenzhen Stock Exchange (SZSE). The deal came after JP Morgan exited the joint venture (JV) earlier this year.

Veteran investment banker Chris Howe will join Credit Suisse at the end of September as head of fixed income trading for Asia Pacific.

Jilin Jiutai Rural Commercial Bank Corp revealed its interest in raising additional tier one (AT1) capital from the international bond market on Monday.

Hong Kong’s Sun Hung Kai & Co is courting investors this week for a new dollar bond offering.