Standard Chartered

The UAE’s Majid Al Futtaim will begin investor meetings in Asia next week for a subordinated perpetual bond, the first from the Middle East this year.

Shanghai-listed ENN Ecological Holdings has hit the loan market for a $200m two year facility, offering hefty pricing for a relatively short tenor.

Investors ate up China Jinmao Holdings Group’s new five year notes this week, allowing it to secure tight pricing for a four-times subscribed $500m deal.

Hong Kong dove into the Islamic finance market this week, setting a new benchmark by becoming the first triple-A rated government to sell a 10 year sukuk. Bankers say that the hope is for corporates to follow suit, but there is a slew of challenges for the market to take off, writes Morgan Davis.

Bahrain has raised $600m with a re-opening of its 2028s, pulling in a $2.6bn book that bodes well for the slew of Gulf Co-operation Council (GCC) sovereigns set to charge into the international bond markets this year.

The Hong Kong government stretched its Islamic finance benchmark and ambitions on Tuesday, securing a $1bn 10 year deal with the first dollar sovereign sukuk of the year.

Minsheng Financial Leasing has returned to the debt market for a $200m offshore loan that is led by three mandated lead arrangers and bookrunners.

The Asia debt market saw a fresh rush of dollar deals on Wednesday, with property names China Jinmao Holdings Group and Xinhu Zhongbao, as well as Singapore’s United Overseas Bank launching new deals.

Kingboard Laminates Holdings is looking to refinance two loans with a single HK$6bn ($773m) facility, and is narrowing the all-in pricing by about 80bp.

The Hong Kong government launched a new 10 year dollar sukuk on Tuesday morning, seizing the opportunity to set a new benchmark after previously only selling five year sukuk.

Citic and Xinyuan Real Estate are out with their respective bonds on a busy Tuesday in the dollar debt market, as China Jinmao Holdings Group also announces a tender plus new issue as part of its liability management.

Chinese property developer Yanlord Land Group has rolled out its $600m dual-tranche financing into general syndication.