Fintech and Finance
GlobalCapital Asia awards 2020: Loans

GlobalCapital Asia awards 2020: Loans

GlobalCapital Asia has spent the last two months talking to banks and their clients to determine the most impressive capital markets transactions and advisers across Asia ex-Japan in 2020, a volatile and unpredictable year. We

Politics
Logan back in market for $300m

Logan back in market for $300m

Chinese property developer Logan Group Co courted investors with a six year bond on Monday, raising $300m from a solid order book of $3.3bn.

Politics
Suzhou LGFV pays up for dollar outing

Suzhou LGFV pays up for dollar outing

Suzhou SND Group Co, a Chinese local government financing vehicle (LGFV), got lukewarm support for its debut dollar bond on Monday, forcing it to offer a bit of premium to get its deal past the

Fintech and Finance
AI-powered fintech firm Bairong plans Hong Kong listing

AI-powered fintech firm Bairong plans Hong Kong listing

Chinese financial technology company Bairong is targeting Hong Kong for its IPO, having filed a draft prospectus with the city’s bourse.

Fintech and Finance
AI-powered fintech firm Bairong plans Hong Kong listing

AI-powered fintech firm Bairong plans Hong Kong listing

Chinese financial technology company Bairong is targeting Hong Kong for its IPO, having filed a draft prospectus with the city’s bourse.

Politics
Logan back in market for $300m

Logan back in market for $300m

Chinese property developer Logan Group Co courted investors with a six year bond on Monday, raising $300m from a solid order book of $3.3bn.

Software and Hi-Tech
SMC takes $350m from bond tap

SMC takes $350m from bond tap

Philippine company SMC Global Power Holdings Corp added $350m to its coffers from a bond tap on Monday, taking advantage of market stability to return to investors rapidly.

Software and Hi-Tech
SMC takes $350m from bond tap

SMC takes $350m from bond tap

Philippine company SMC Global Power Holdings Corp added $350m to its coffers from a bond tap on Monday, taking advantage of market stability to return to investors rapidly.

Software and Hi-Tech
Nine ways the finance sector can fight the coronavirus recession

Nine ways the finance sector can fight the coronavirus recession

As the UK officially enters recession for the first time since 2008, we ask top commentators: how much will this hurt and what should the City do to get through it?

Fundraising
Fundraising veteran Alan Pardee leaves Mercury Capital for Valor Equity

Fundraising veteran Alan Pardee leaves Mercury Capital for Valor Equity

The co-founder and managing partner of the placement agent is set to join Valor Equity Partners as a managing director

Oil and Energy
China bond investors brace for more defaults

China bond investors brace for more defaults

Yongcheng Coal and Electricity Group Co and Tsinghua Unigroup Co, which together have Rmb40bn ($6.1bn) of bonds outstanding in China’s domestic market, have told investors to expect more non-payments this month following a spate of

Consumer Services
VPBank boosts loan to $170m

VPBank boosts loan to $170m

VPBank Finance Co, the consumer finance arm of Vietnam Prosperity Joint Stock Commercial Bank, has exercised the greenshoe option to increase the size of its loan to $170m.

Consumer Services
VPBank boosts loan to $170m

VPBank boosts loan to $170m

VPBank Finance Co, the consumer finance arm of Vietnam Prosperity Joint Stock Commercial Bank, has exercised the greenshoe option to increase the size of its loan to $170m.

Manufacturing and Industrial
Xpeng charges up $2bn ADS follow-on

Xpeng charges up $2bn ADS follow-on

Chinese electric vehicle manufacturer Xpeng is selling a chunk of new American Depository Shares (ADS) to fund research and development and further expansion.

Manufacturing and Industrial
Xpeng charges up $2bn ADS follow-on

Xpeng charges up $2bn ADS follow-on

Chinese electric vehicle manufacturer Xpeng is selling a chunk of new American Depository Shares (ADS) to fund research and development and further expansion.

Angel / Venture
Perimeter raises rapid-fire $40m Series B, just months after Series A extension

Perimeter raises rapid-fire $40m Series B, just months after Series A extension

Zero-trust secure network Perimeter 81 has closed its Series B on $40m, just a few months after a Series A extension.

Angel / Venture
Proptech startup Habito secures £35m in venture capital-backed Series C round

Proptech startup Habito secures £35m in venture capital-backed Series C round

London-based PropTech Habito has bagged £35m in a Series C round led by Augmentum Fintech, SBI Group and mojo.capital.

Angel / Venture
KKR Upsizes and Prices Offering of Mandatory Convertible Preferred Stock

KKR Upsizes and Prices Offering of Mandatory Convertible Preferred Stock

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (“KKR”) (NYSE:KKR) today announced that it has priced an offering of $1.0 billion (20,000,000 shares) of its 6.00% Series C Mandatory Convertible Preferred Stock (the “mandatory convertible preferred

India
OVL makes quick loan return

OVL makes quick loan return

ONGC Videsh (OVL), the overseas arm of India’s state-owned Oil and Natural Gas Corp, has sent out a request for proposals for an up to $750m loan, just a few months after raising $1bn.

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