November 4 Asia bond pipeline: What's coming up next?

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incorporated in England and Wales (company number 15236213),

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November 4 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

Ganglong China Property

$ Reg S 364 day bond + exchange offer

FPG at 13.5%

CMBI, Guotai Junan Intl, Seazen Resources and WBAML (exchange offer managers)

Jiangsu Fangyang Group Co | Haichun International

$150m Reg S 3yr SBLC-backed

Priced at 1.98% | IPT 2.15% area | $650m orderbook, including $410m from JLMs

China Everbright, CICC, CMB, China Zheshang, Citic Securities, Glory Sun Financial, Haitong Securities, Industrial Bank, SPDB and Tensant Securities

Medco Energi

$400m 144A/Reg S 7NC3yr

Priced at 7.25%

ANZ, DBS, ING, MS and StanChart (JGCs)

Jinan City Construction Group

$500m Reg S 3yr

Priced at 2.3% | IPT 2.7% area

BOC, CICC, CLSA and Guotai Junan Intl (JGCs)

China Bohai Bank Co

$300m Reg S 3yr

Priced at T+85bp | IPT T+120bp area

BOC, BoCom, CCBI, CMBC, CMB Wing Lung, CLSA, Haitong Intl, StanChart and SPDB (JGCs)

China Ministry of Finance

€ Reg S 3yr | 7yr | 12yr

Launch likely on Nov 10

To be announced

Plaza Indonesia Investama

$ Reg S sustainability-linked 5NC3yr

Investor calls on Nov 1 and 2

CS and UBS (JGCs)

VNET Group

$ 144A/Reg S

Investor calls from Nov 1

Citi and JPM (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 4 at 12:35 HKT

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