ICBC

Industrial and Commercial Bank of China used its Singapore arm to raise more than planned from a dual-tranche bond on Tuesday, taking a total of $1.8bn after tightening pricing by 40bp on both portions.

Yum China Holdings, a fast food restaurant franchiser, launched the roadshow for its secondary listing in Hong Kong on Monday to strong early momentum from investors.

ABC International Holdings took advantage of receptive market conditions to make a rapid return to the bond market this week.

Huangshan Tourism Group Co opted for euros for its maiden offshore bond. The €230m transaction benefited from a standby letter of credit from Bank of China’s Anhui branch, as well as strong bookrunner support.

China Jianyin Investment (JIC) and Nanjing Jiangbei New Area Industrial Investment Group were among two Mainland Chinese companies to sell dollar bonds on Thursday.

Casino developer Wynn Macau has made a rapid return to the bond market for an $850m deal, riding on an uplift in sentiment following the slow easing of travel restrictions to the Asian gambling hub.

South Africa’s Standard Bank is set to raise a syndicated loan by the end of the month, which, according to market sources, will be provided by Chinese banks. But bankers say the pipeline for syndicated loans in Africa and the Middle East remains nearly empty, as both lenders and borrowers continue to feel the impact of the Covid-19 pandemic.

Yangzhou Urban Construction State-Owned Assets Holding (Group) Co continued the tight pricing trend for recent bonds from Chinese local government financing vehicles with a 68bp tightening.

ICBC Financial Leasing Co chose price over size for its first outing to the dollar bond market this year, but still managed to raise a larger-than-expected $900m.

Yuexiu Transport Infrastructure, a Hong Kong-listed red Panda issuer, returned to the renminbi market this week for a small Rmb500m ($72m) bond. The issuer wrapped up the deal after extending the bookbuilding period by half a day.

Chinese delivery company Yunda Holding Co made its debut in the dollar market on Wednesday, raising $500m.

China Great Wall Asset Management Co reopened bond supply from the country's bad debt managers this week with a tightly priced $500m deal.