Standard Chartered

China Development Bank Financial Leasing Co began marketing a dual-tranche dollar bond on Tuesday morning local time, as a number of issuers attempt to get ahead of China’s 19th National Congress of the Communist Party meeting taking place on Wednesday.

A $500m borrowing by Indian lender HDFC Bank has attracted four participants during general syndication. Allocations have emerged for the deal, which was signed in September.

The mandate for Reliance Industries’ $2.5bn refinancing has been revealed. The deal will consist of three portions, the bulk of which will replace a $1.5bn loan taken by one of its subsidiaries in late 2014.

China National Chemical Corp (ChemChina) has approached banks for a $5.5bn two tranche borrowing to help refinance a $12.7bn acquisition loan signed last September.

CDB Leasing is on the road pitching a dollar bond deal which it wants to price as early as Monday, just ahead of the 19th National Congress of the Communist Party of China.

The Chinese Ministry of Finance (MoF) has begun mandating underwriters to issue two tranches of sovereign dollar bonds – the country’s first outing in the dollar market for more than a decade.

Credit Suisse has expanded the responsibilities of two veteran bankers, naming one as the chairman of its Hong Kong operation and another as chief executive for Greater China.

Canara Bank raised an additional $200m after tapping an outstanding bond on Wednesday, bringing the total size of its August 2022 note to $600m.

Standard Chartered has named Abrar Anwar as the new chief executive of its Malaysian business.

The National Bank of Ras Al Khaimah Rakbank has closed its debut syndicated loan for $350m with 22 banks.

India’s Canara Bank opened a tap on its existing 2022s on Wednesday, looking to add to the $400m deal.

Like most foreign banks in the Chinese securitization market, Standard Chartered has focused on doing business with foreign originators. But now it wants to compete more directly with local underwriters by entering the growing asset-backed notes (ABN) market, Wesley Yang, the bank’s head of financial markets for China, told GlobalRMB.