A roundup of the latest syndicated loan market news.
Maker of skyscraper windows sells convertible bond to redeem a previous out-of-the-money trade.
Far Eastern International Bank raised $135 million in its first issue of global depositary shares.
Kexim adopted the structure when it issued Rmb500 million in each of Taiwan’s Gretai Securities Market and Singapore’s stock exchange.
The partially upsized block trade in the Taiwan refiner was more than half-covered at launch and priced at a 5% discount.
Today we recognise the best deals from each of the main markets in the region.
The Hong Kong units of China's Bank of Communications and Agricultural Bank of China are set to issue Formosa bonds, with more mainland entities likely to follow.
Taiwan is set to allow mainland Chinese firms to issue Rmb-denominated bonds as soon as this week.