The Malaysian bank shores up funds amid active merger discussions with CIMB and Malaysia Building Society.
China's Xiaomi set to plant its flag in $1 billion offshore loan debut for potential acquisitions.
Chinese borrowers have been opportunistic of late, raising bonds ahead of China’s Golden Week, but the oversupply has dampened the secondary performance of some.
A roundup of the latest syndicated loan market news.
The Chinese automotive manufacturer’s debut $300 million offering seven times oversubscribed as investors embrace high-yield diversification from a promising sector.
The $1.2 billion Tier 2 offering will set the benchmark for other Chinese banks to tap international markets for funds, boosting capital buffers as asset quality weakens.
Berli Jucker has mandated HSBC and Mizuho for a €650m loan to pay for its acquisition of Metro's cash-and-carry business in Vietnam.
Zhejiang’s largest power generator raises the first bond from a Chinese provincial government, riding on China’s better-than-expected manufacturing data.
The Hong Kong bank's Additional Tier 1 bond was 16x oversubscribed, but credit risk may rise due to recent takeover.
Jababeka International replaces its old notes with cheaper new ones, leveraging on the rarity factor in Asian high-yield and saving over 400bp in funding costs.
Richard Li’s insurance company establishes its footprint in the debt world with a debut 10-year bond, targeting investors with appetite for longer tenor notes.
The Korean power company raises funds at the lower end of the pricing range, making use of its newly obtained ratings upgrade from Moody’s.
India’s second largest bank sells a new 5.5-year note, pricing it inside its existing funding curve as global investors continue to ride on Modi-fueled enthusiasm.