CK Asset prices tight fixed-for-life bond
Hong Kong property developer CK Asset Holdings priced its $300m bond at a record tight level for a fixed-for-life deal on Thursday.
Hong Kong property developer CK Asset Holdings priced its $300m bond at a record tight level for a fixed-for-life deal on Thursday.
Investors rewarded Zhenro Properties Group for selling its first green bond this week, pumping orders into the $350m transaction and allowing the issuer to price the deal at its lowest coupon ever.
Bank of Communications used its Hong Kong arm for a tightly priced dual-tranche deal on Thursday, bringing back floating rate and fixed rate combo bonds for Chinese financial credits.
Hong Kong-based conglomerate First Pacific Co had to navigate underperforming bonds from peers and difficulties around price discovery for its $350m bond return.
Yum China, the Mainland-based fast food franchise operator, was eyeing at least HK$17.3bn ($2.2bn) in fresh equity on Friday after giving investors some price guidance for its secondary listing in Hong Kong.
Indonesian company Sarana Multi Infrastruktur (SMI) has increased the size of its loan to $700m after seeing strong traction from banks during syndication.
Singaporean commodities company Mercuria has returned to the offshore loan market for its annual foray.
Singapore-listed Frasers Centrepoint Trust is looking to raise S$1.39bn ($1.02bn) by selling new units equal to over half its existing stock.
In this round-up, Credit Suisse plans to increase its workforce in mainland China by 100% in five years, the central bank develops a new benchmark interest rate, and yet another US-listed Chinese firm comes under
Carl Roberts, head of loan syndication for south and southeast Asia at ANZ, is retiring after nine years with the Australian bank.
The ECB publishes a breakdown of its purchases under the Pandemic Emergency Purchase Programme (Pepp), which was launched in late March to combat the effects of the coronavirus pandemic. Unlike the Public Sector Purchase Programme,
The Agence France Trésor (AFT) has suspended Morgan Stanley's primary dealership in French government bonds, making it the first bank to suffer such a proscription.
Posted by William Chudd, Sartaj Gill, and David Schnabel, Davis Polk & Wardwell LLP, on Wednesday, April 8, 2020 Editor's Note: William Chudd, Sartaj Gill, and David Schnabel are partners at Davis Polk & Wardwell LLP.
Alibaba Health Information Technology hit the market on Tuesday evening to raise up to HK$8.2bn ($1.06bn) in fresh equity from a follow-on, according to a term sheet seen by GlobalCapital Asia.
JP Morgan has reorganised its team dedicated to advising clients on how to defend against campaigns by activist investors.
The ECB has released the data breaking down the purchases it has made under the Pandemic Emergency Purchase Programme in June and July, revealing that it is still providing substantial support to the eurozone periphery.
CP Pokphand Co, the Hong Kong-listed investment arm of Thailand’s Charoen Pokphand Foods, has closed a $400m loan for refinancing with 15 lenders.
A HK$18bn ($2.3bn) term loan sealed by China Overseas Land and Investment in 2017 is doing the rounds in the secondary market, offering asset-starved banks an opportunity to take exposure to the Hong Kong-listed company.
South Korean game developer Kakao Games is set to list in September for up to W340bn ($284.8m), reviving the deal two years after dropping its initial IPO plans.
A recent flurry of bonds from financial institutions did not dent appetite among investors for China International Capital Corp’s (CICC) $500m deal on Monday.
