September 1 Asia bond pipeline: What's coming up next?

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September 1 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

Axis Bank

$ 144A/Reg S sustainable perp NC5 AT1

IPT at 4.4% area

Axis Bank, BNPP, BofA, Citi, HSBC, JPM and StanChart (JGCs)

AC Energy Corp

$ Reg S senior fixed-for-life green perp NC3.5yr

IPT at 4.45% area

BPI Capital (sole GC), CS, DB, GS, MS and UBS (JLMs and JBRs)

Adani Green Energy

$ 144A/Reg S senior secured green 3yr

IPT at 4.7% area

Axis, Barclays, BNPP, DBS, Emirates NBD, IMI-Intesa Sanpaolo, MUFG, Mizuho, SMBC Nikko and StanChart

State Grid Corp of China

$ Reg S 5yr

IPT at T+90bp area

BOC, ICBCI, Citi, DBS, Mizuho and MS (JGCs)

Changchun Urban Development & Investment Holdings (Group)

$ Reg S 3yr

IPT at 4.6% area

ABCI, BOC, CCBI, CEBI, CMBC Capital, GTJA International, Guosen Securities HK, HSBC, Hua Xia Bank HK branch and Mizuho

Lai Sun Development

Reg S tap of $250m 5% July 2026s

FPG at par

BNPP, DBS Haitong International, HSBC and UBS

Zhejiang Deqing Jinkai Urban Development (Bank of Hangzhou SBLC)

Reg S $50m capped 3yr

IPT at 2.2% area

ABCI and Haitong International (JGCs)

Contemporary Amperex Technology

$ Reg S 5yr

Investor calls on Sep 1

BofA, HSBC and ICBCI

Zensun Enterprises

$ Reg S 2yr, in exchange of $339m 12.8% 2021s

Minimum interest on the new notes: 12.5% | Exchange deadline: Sep 7 | New issue pricing: Sep 8

BoCom International, GTJA International and Haitong International

Perusahaan Perseroan (Persero) PT Perusahaan Pengelola Asset

$ Reg S

Investor calls from August 4

BNPP, DBS and StanChart

Great Eagle Holdings

$ Reg S

Investor calls from August 4

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

Chindata Group Holdings

$ 144A/Reg S green

Investor calls from July 27

Barclays, GS and MS (JGCs)



Last updated on September 1 at 14:00 HKT

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