South Asia

Bangladesh’s Atiur Rahman appears to be one of the relaxed and contented central bank governors in Lima this week, having avoided the commodity crash and sitting on substantial foreign currency reserves. The taka is also about to make its debut in the international bond markets, with the IFC set to issue in the currency

Japan Post sets sail with IPOs — Datang Environment files in HK — Banpu Power eyes Thai float — Larsen & Toubro seeks $300m listing

Indian issuers have been a rarity in the bond market this year, with 15 international deals reaching investors. But market participants are predicting a busy fourth quarter, thanks to growing needs for infrastructure funding and new changes to rules governing offshore fundraising. Narae Kim reports.

Duo leads Tata Chem’s sterling financing — ONGC to net $1.775bn from four — Viettel Cambodia beams $50m loan — Minsheng Leasing trims borrowing to $150m

Taiwanese company Quanta Computer is forming the mandated lead arranger and bookrunner group for a $400m loan, four months after one of its subsidiaries sealed a much larger borrowing.

The Japan Post group has announced price ranges for the long-awaited IPOs of its three units, set to collectively raise ¥1.44tr ($12.03bn) to become the biggest offering this century in the country.

Coffee Day Enterprises is set to become the biggest IPO in India in more than four years, with the coffee chain setting out the terms for its deal.

Tata Chemicals has picked banks for a new £200m ($303.5m) refinancing, hitting the market after a hiatus of nearly two years.

India’s Power Finance Corp, which sent out a request for proposal for a $360m-equivalent yen loan in September, has chosen one bank as mandated lead arranger and bookrunner.

Quick Heal Technologies, which makes anti-virus software, has lodged a draft prospectus with the Securities and Exchange Board of India for an IPO that could raise $100m-$150m.

There was a time when Bogotá’s public transport system looked a bit like that computer game where the frog has to get across a highway without being flattened. The streets were gridlocked with buses, and not with any sense of co-ordination among them.

Sandhar Technologies has filed a listing application with the Securities and Exchange Board of India, with ICICI Securities, IDFC Securities, IIFL Holdings and Jefferies leading the trade.