In this round-up, local governments are encouraged to use debt raised to improve smaller lenders’ capital ratio, the Bond Connect scheme launched three years ago helps foreign holding in Chinese bonds to top Rmb2.6tr, and
Philippine conglomerate JG Summit Holdings managed to tackle investor questions and scrutiny into the impact of Covid-19 on its business to make a rare bond market outing for $600m.
In this round-up, China joins a 12-country initiative to ensure supply chain connectivity, India has banned 59 Chinese apps including WeChat for being ‘prejudicial’ to its sovereignty and integrity, and tensions between China and the
Tianjin Great Wall Binyin Automotive Finance is gearing up for a new Rmb3.37bn ($477m) auto loan ABS in China. For the first time, the issuer has obtained an international rating for its deal.
The €376m cash transaction is expected to close in the second quarter of the year
Posted by Ramana Nanda (Harvard Business School), Sampsa Samila (IESE Business School), and Olav Sorenson (Yale University), on Wednesday, February 26, 2020 Editor's Note: Ramana Nanda is the Sarofim-Rock Professor of Business Administration at Harvard
The firm said it used equity from two of its European funds to acquire a stake at the family-owned business
The all-stock deal will create a company worth roughly $22bn including debt
Posted by Edward D. Herlihy and Richard K. Kim, Wachtell, Lipton, Rosen & Katz, on Monday, February 17, 2020 Editor's Note: Edward D. Herlihy and Richard K. Kim are partners at Wachtell, Lipton, Rosen &
The newest recruit to the ranks of large supranational issuers is also the bulkiest. Responding to Covid-19, the EU has created the €100bn SURE fund, active already, and a €750bn Next Gen EU programme, coming
BC Partners-owned advanced ceramics company CeramTec has issued an add-on to its term loan 'B', raising another €175m — enough to push its senior secured rating down into the single-B category. But the opportunistic move
Mid-market firm CapVest won the auction to buy software provider Datasite with a unitranche loan in October, and it is now taking out the senior layer with a public syndication to firm up the financing
Chinese property developer Longfor Group Holdings tapped equity investors for HK$4.7bn ($606.3m) through a top-up placement on Tuesday.
Hong Kong's Airport Authority proved that Covid-19 related travel worries are of little concern for its dollar bond investors. The issuer attracted a final order book of $14.5bn for its $1.5bn dual-tranche deal on Tuesday.
Four Chinese borrowers hit the dollar bond market on Tuesday, raising $745m between them.
Indonesian state-owned electricity company Perusahaan Listrik Negara is planning a return to the market for a new $1bn loan.
China Resources Mixc Lifestyle Services, the property management business of state-owned developer China Resources Land, is set to price its HK$12.3bn ($1.58bn) Hong Kong IPO at the top end of guidance.
Baker Bros Advisors, a shareholder in Chinese biopharmaceutical company BeiGene, has raised $340.1m from a sell-down of the firm’s American depositary shares.
JD Health International has bagged HK$27bn ($3.5bn) after sealing its IPO at the top end of the marketed range, following a flood of global investor demand.
China Oceanwide Holdings has returned for a $291m loan that is backed by a letter of credit.
