Hutchison Whampoa completes fifth largest G3 deal in Asia ex Japan in 2014
A roundup of the latest syndicated loan market news.
China Travel Services, Tewoo and Hongqiao launch combined $1.7 billion of dollar bonds, shoring up funds as market volatility subsides.
The Indian automaker’s onshore listed company launches an inaugural $750m dual-tranche bond, making use of the country’s recent relaxation of withholding tax policy.
SSI Group completes largest Philippines IPO in 2014.
Hanjin International’s inaugural dollar floating rate note prices 20bp tighter than closest comparables as investors prep for a rising rate environment.
State-run power plant operator paid zero new premium for its latest $300m bond, defying global growth fears as credit spreads remain volatile
China’s second-biggest steel producer raises its first dollar-denominated bond, boosting its warchest amid thirst for global expansion.
The Swiss bank has named Helman Sitohang as its regional CEO and Eric Varvel chairman of Asia Pacific and the Middle East.
Bank of China completes world’s largest capital contingent deal on record.
Lender raises the largest ever dollar-denominated bank capital offering, building up capital cushions to counter China’s mounting bad debt problem.
Asia is becoming increasingly important to the US bank as it continues to withdraw from high-cost businesses globally.
Morgan Stanley names Richard Wong and James Tam as Asia co-heads of M&A, while Sam Kim is appointed regional vice-chairman of investment banking.