Westpac
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Westpac was set to print its second foreign currency deal in as many days on Tuesday, but some bankers said the borrower ran into difficulties in euros.
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Westpac looked to the sterling market for a seven year senior deal on Monday, as the number of redemptions in the UK currency swells towards the end of the year.
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BoC Aviation has increased its latest borrowing to $500m after banks from across Asia poured into the transaction.
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BoC Aviation has wrapped up its latest borrowing at a bigger size of $500m as banks from across Asia poured into the transaction.
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Korea Development Bank (KDB) returned to the Singapore dollar bond market on November 26, bagging S$200m ($142m) from a three year deal. The offering marks the Korean policy bank’s third offshore outing in just one week, following deals in Australian dollars and offshore renminbi.
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Intel, the US technology company, raised A$800m ($578.44m) in its debut Kangaroo deal on Tuesday afternoon, drawing strong demand from Asian investors.
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India’s Reliance Industries signed its $1.47bn dual-currency loan on November 20 in Dubai, sealing the deal after commitments from a 30-strong group lenders.
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The Singapore dollar bond market saw some action on November 26 with Korea Development Bank (KDB) selling a deal in the Lion City.
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Intel, the American technology company, raised $A800m in its debut Kangaroo deal on Tuesday afternoon, drawing strong demand from Asian investors.
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India’s Reliance Industries signed its $1.47bn dual-currency loan at the end of last week in Dubai, with the deal sealed following commitments from a group of around 30 lenders.
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Swedish lender Swedbank kept Australian dollar supply ticking over on Tuesday, pricing its first bond in the currency since 2008.
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Westpac has appointed Sneha Sanghvi as its new head of financial markets for Asia, replacing Michael Bass who is relocating to the bank’s London office.