October 28 Asia bond pipeline: What's coming up next?

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October 28 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

State Power Investment Corp

$ Reg S preference shares

Investor calls from Oct 28

BofA, BOCI and ICBC Asia (JGCs)

China Cinda Asset Management

$1.7bn Reg S perp NC5yr AT1

Priced at par| yield 4.4% | T+323.2bp | IPT at 4.8% area

BofA, BoCom Intl, CCBI, CMS (HK), China Securities Intl, Cinda Intl, Guotai Junan Intl, ICBCI, Mizuho, NCB, StanChart and UBS (JGCs)

Wuhan Metro Group

$400m Reg S 3yr sustainability bond

Priced at T+83bp | IPT at T+120bp area

BOC and ICBCI (JGCs)

CA Magnum Holdings

$1.01bn 144A/Reg S 5NC2yr

Priced at par | yield 5.375% | Price talk of 5.50%-5.75%

GS and HSBC (JGCs)

CK Hutchison

Reg S €500m 8yr | €500m12yr green

Priced at MS+65bp | MS+80bp

BBVA, Citi, CreditAg, HSBC, ING, IMI-Intesa and MS

Prudential Plc

$1bn Reg S 12NC7yr tier two

Priced at T+151.7bp | 1.433% yield

BNPP, HSBC, JPM, SMBC Nikko and StanChart

Nanjing Yangzi State-owned Assets Investment Group Co

$280m Reg S 364 day

Priced at 1.98%

CICC, Huatai Intl, ICBCI and StanChart

Hibiscus Petroleum

$ Reg S 5NC2yr

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 October 28 at 14:55 HKT

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