Investors see attractive value in Chinese corporate issuers’ US dollar bonds, especially from the investment-grade space, as onshore credit conditions ease.
The water treatment firm sold the country’s first Singapore dollar perpetual bond since April.
More middle-and small-sized Chinese banks are planning to issue preferred shares. However, there are challenges for such issuance.
Asian high-yield bonds come with the best quality covenants globally as investors continue to scrutinise borrower profiles.
The recent changes to Safe rules on cross-border fundraising are a baby step forward, offering opportunities for foreign lenders.
Advanced Semiconductor Engineering sells a debut $300 million three-year debt offering.
Goodpack held roadshows in Singapore this week for a $720 million term loan to fund KKR's buyout and meets with US investors next week.
The Jiangsu-based developer raised a $350m bond, the first Chinese property issue this month.
China’s new SAFE cross-border rules enable Chinese borrowers to back loans with onshore assets but restrictions over remitting the funds back onshore will cap borrowing.
Trade and Development Bank of Mongolia has postponed its dollar bond deal, blaming a banking crisis in Portugal.
Beijing-based Hony Capital is buying Britain's iconic PizzaExpress for about £900 million.
Sumitomo Mitsui, DBS and China Huarong collectively raise close to $6 billion overnight as investors continue to scramble for yield, defying summer lull expectations.
Bank of China makes its renminbi bond debut in Paris, another step in the globalisation of the currency.
ONGC and Kookmin collectively raise $2b, while Sumitomo Mitsui markets a multi-tranche dollar-denominated note and Bank of Baroda reopens a tap.
The Korean bank’s latest dollar bond offers attractive returns when compared to existing comparables but only if pricing doesn’t tighten excessively.