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Month: January 2021

Grab pushes TLB further to $2bn

Singapore’s ride hailing start-up Grab Holding has further increased the size of its term loan B to $2bn following solid traction in the US market.

NTPC invites banks for euro loan

India’s NTPC, formerly known as National Thermal Power Corp, is making a rare venture into the euro loan market.

UAF boosts loan to HK$2.55bn

Hong Kong’s personal loan provider United Asia Finance has increased the size of its loan to HK$2.55bn ($328m) after receiving strong response during syndication.

Asian bond flow set to continue but weaknesses emerge

A blistering pace of supply in Asia’s dollar bond market in January is set to continue, with more borrowers preparing to print deals this week ahead of the Chinese New Year holidays. But DCM bankers

Basecare eyes top pricing for IPO, MicroPort nets $323m

Suzhou Basecare Medical Corp has wrapped up its Hong Kong IPO. It was set to price the deal on Monday at the top of the marketed range, according to a source familiar with the matter.

The week in review: China’s January PMIs dip, HNA to start bankruptcy reorganisation, Xiaomi seeks removal from US blacklist

In this round-up, China’s official and the Caixin manufacturing Purchasing Managers’ Indexes fall amid a resurgence of local Covid-19 infections, creditors demand a bankruptcy reorganisation of beleaguered conglomerate HNA Group, and Xiaomi Corp files a

Piper Sandler acquires TRS Advisors, creates restructuring group

Opalesque Industry Update - Piper Sandler Companies, a leading investment bank, today announced that it has completed the acquisition of TRS Advisors. TRS Advisors and its senior bankers have been integral to some of the

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