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Credit Suisse is arranging an $800m bridge loan for Bumi Resources, ahead of its sale of two Indonesian coal mining companies.

Pictet & Cie, one of Switzerland's largest unlisted private banks, is building its presence in Asia with a fixed income group in Singapore. Rajeev de Mello, head of international bonds at Pictet Asset Management, has relocated to Singapore and will head a four person team.

Astellas Pharmaceutical, Japan's third-largest drug manufacturer, has agreed acquisition lines of up to ¥1tr with Mizuho Corporate Bank to fund its expansion.

Lenders are still awaiting final allocations on the $700m non-recourse loan for MGM Grand Paradise, the joint venture developer of the MGM Grand Macau casino and hotel. A total of 23 Asian and European banks have committed to the deal, including the eight mandated arrangers. Syndication was completed over 10 days ago. Lenders will be pleased to hear that a revision to the pricing is not on the cards, according to bankers in the lead group. Many had been concerned that the borrower could return to the syndicate to ask for improved terms, after Wynn Macau was able to reduce its cost of funding through an unusual reverse flex.

Stanley Ho's Sociedade de Jogos de Macau plans to float in Hong Kong for up to HK$15bn ($1.93bn), according to an unconfirmed reports in The Standard, Hong Kong newspaper yesterday (Thursday).

The Hong Kong branch of Taiwan's Fubon Bank has completed the group's first international bond issue.

Singapore's Chartered Semiconductor Manufacturing has returned to the bond market amid challenging conditions to complete a well-supported $300m seven year global deal, led by Goldman Sachs.

The largest ever aircraft financing for a Chinese borrower is being arranged by HSBC with debt from DBS Bank. Air China, the country's largest and most profitable airline, has mandated HSBC to arrange the lease financing of 14 new aircraft at a total cost of $881m.

The group of private equity investors buying into Harbin Pharmaceutical Group, China's largest drug manufacturer, has cancelled the acquisition loan, it emerged this week. Meanwhile, the other Chinese LBO in the market at the moment, the Carlyle Group's purchase of state-owned Xugong Group Construction Machinery, is still languishing for lack of government approval.

Leveraged finance bankers were bound for Australia this week to meet investors bidding for Cleanaway, the waste disposal business of Brambles.