DBS

Shandong Hi-Speed Group Co and Taiyuan State-owned Investment Group were among the bond issuers on a relatively busy day for the primary dollar market on Wednesday.

Two Singaporean companies, GuocoLand and Manulife US Real Estate Investment Trust, raised green loans this week.

Henderson Land Development Co took advantage of the strong aftermarket performance of recent bonds sold by its Hong Kong peers to raise $300m from investors on Wednesday.

Property company HongKong Land made a rare appearance in the dollar bond market on Tuesday, ending a six year hiatus with a $600m trade.

Mining company Indonesia Asahan Aluminium (Inalum) battled weakening fundamentals and financial troubles at its state-owned peers to raise $2.5bn from a triple-tranche bond on Monday.

Chinese technology company Lenovo Group took advantage of improving sentiment and small new issue premiums on recent deals to reopen a dollar bond sold in April. It raised $350m from the tap on Thursday, but investor interest was quite muted.

Hong Kong-based Sun Hung Kai Properties has tapped the international debt market for the third time this year, raising $500m from a 10 year bond on Wednesday.

Bank Mandiri has continued the flow of Indonesian dollar bonds in the primary market, raising $500m on Tuesday with just a small 5bp new issue premium.

Central China New Life, a property management company, has launched marketing for its Hong Kong IPO as it aims to raise up to HK$2.16bn ($278.6m). The Mainland-based firm has begun virtual meetings with investors as the threat of Covid-19 continues to prevent any hopes of physical meetings.

Hong Kong's Wharf Real Estate Investment Company (Wharf REIC) raised $750m from a dual-tranche bond on Tuesday. The issuer was able to take more than it initially intended, while paying a small new issue premium.

PSA International, a Singaporean port operator, raised $650m from a 10 year bond that appealed to investors because of its strong credentials.

Singapore Airlines has announced the record date for its planned S$8.8bn ($6.17bn) concurrent rights issue and mandatory convertible bonds sale.