China Construction Bank

China Development Bank (CDB) has raised $1.67bn equivalent from a dual-currency, triple-tranche offering, receiving strong support from Chinese banks and offshore investors.

China Construction Bank Financial Leasing Corp has wrapped its dollar return in style this week, in the third deal from a Chinese financial leasing company in just over a month. Unlike its industry peers however, CCB Leasing stuck to Reg S only format and went for a shorter end of the curve.

China Development Bank has opened books for a dual-currency, triple-tranche offering, four months after the policy bank raised around $2bn from a similarly structured trade.

China Development Bank has mandated leads to work on a dual-currency offering, while the Republic of Indonesia is set for a roadshow ahead of new euro-denominated notes.

China Construction Bank Financial Leasing Corp has announced plans to issue its second dollar bond as early as this month, days after some of its industry peers made successful returns to the debt market.

China Construction Bank plans to begin trading derivatives and bonds in Singapore, having teamed up with Singapore Exchange to promote the island state’s capital markets to Chinese companies.

Hammerson, the UK property company, has signed a £420m revolving credit facility with eight banks, including four new lenders.

The New Development Bank Brics (NDB) has appointed four Chinese banks and two internationals banks to work on a renminbi-denominated green bond to be sold to Chinese onshore buyers.

Standard Bank of South Africa has grown its loan from $600m to $1bn in syndication, largely driven by demand from the four Chinese lenders in lead roles.

The securitization of non-performing loans by Chinese banks is gaining plenty of traction as they are set to achieve off-balance sheet accounting treatment — one of the major hurdles for the development of the asset class.

Ngai Shun Holdings is planning a HK$903.87m ($116.57m) rights offer with the support of just one underwriter, as it faces a tough time raising funds from investors and banks.

Carnival Group International Holdings executed its first dollar bond on Tuesday, raising $180m with a three year transaction that was supported by anchor orders.