November 10 Asia bond pipeline: What's coming up next?

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November 10 Asia bond pipeline: What's coming up next?

Asia map_original_Alamy Aug 13 2021

In this table, GlobalCapital Asia offers a glimpse of the bond deals that are in the works in the region

Issuer

Deal type

Status

Bookrunners

China Ministry of Finance

€ Reg S 3yr | 7yr | 12yr

IPTs in areas of MS+20bp | MS+40bp | MS+65bp

BOC, BoCom, BofA, CICC, CreditAg, DB, GS, HSBC, JPM, SocGen, StanChart and UBS

ICTSI

$300m Reg S 10yr + tender offer

Priced at 3.5% | IPT at 3.7% area

Citi and HSBC

SF Holding Co

Reg S $400m 5yr| $300m 7yr | $500m 10yr

Priced at T+135bp | T+170bp | T+180bp (IPTs at T+160bp | T+195bp | T+205bp)

BOC (HK), CreditAg, DBS and StanChart (JGCs)

Zhengzhou Metro Group Co

$500m Reg S 3yr

Priced at T+120bp | IPT at T+160bp area

BOC and CICC (JGCs)

Wuhan Financial Holdings (Group) Co

$450m Reg S 3yr

Priced at 3.4% | IPT at 3.7% area

CICC, China Citic and China Industrial Securities Intl (JGCs)

Avic International Holding Corp

$500m Reg S 5yr

Priced at T+163bp | IPT at T+200bp area

BOC, BOSCI, China Citic and CCB (Asia)

CNCB (Hong Kong) Investment

$500m Reg S 3yr

Priced at T+110bp | IPT at T+145bp

ABCI, BOC, BoCom, BoCom Intl, CNCB Capital, China Citic, China Everbright, Guotai Junan, HSBC, Industrial Bank, Mizuho and SPDB (JGCs)

VNET Group

$ 144A/Reg S 3NCLife

Postponed | IPT at 8.75% area

Citi and JPM (JGCs)

Jinan Lixia Holding Group Co

$250m Reg S

Priced at 3.4% | IPT at 3.9% area

CICC, CNCB Capital, Huatai Intl and Zhongtai Intl

DBS Bank

£1bn Reg S 4yr covered bond

Priced at Sonia+28bp | 1% coupon

DBS (sole GC)

Plaza Indonesia Investama

$ Reg S sustainability-linked 5NC3yr

Investor calls held on Nov 1 and 2

CS and UBS (JGCs)

Hibiscus Petroleum

$ Reg S 5NC2yr

On hold | Investor calls held in mid-Oct

BofA, JPM and Seaport Global

Ha Noi Commercial Joint Stock Bank

$ Reg S

Investor calls held in late Sept

Citi and HSBC

Perusahaan Perseroan (Persero) PT Perusahaan Pengelola Asset

$ Reg S

Investor calls held in August

BNPP, DBS and StanChart

Great Eagle Holdings

$ Reg S

Investor calls held in August

ANZ, BofA, BOC (HK), Citi, CMBI, DBS, HSBC, JPM, Mizuho and UBS (JGCs)

Chindata Group Holdings

$ 144A/Reg S green

Investor calls held in July/August

Barclays, GS and MS (JGCs)

Dat Xanh Group

$ Reg S

Investor calls completed

CS and StanChart


Last updated on November 10 at 12:05 HKT

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