Taiwan

The Korea Development Bank grabbed $300m from a Formosa deal on Tuesday, catering to Taiwanese investors' demand for South Korean paper.

The Korea Development Bank returned to the offshore market on Tuesday, adding a dash of variety to its funding with a Formosa transaction.

Two North Asian issuers raised $608m in separate overnight primary equity placements on Thursday after both deals were fully upsized, although they priced near the bottom of their respective offering ranges.

Chailease Holding Co’s offering of global depositary shares, worth as much as $314m, has been covered to the full size including the greenshoe, said sources close to the transaction.

Commerzbank is organising a non-deal roadshow in Taipei for Goshawk Aviation, the commercial aircraft lessor owned by a pair of Hong Kong conglomerates.

Qatar National Bank has secured $630m with a structured Formosa bond to prove it is still able to access funding despite the sensitives surrounding the Qatar crisis.

Asian equity capital markets jolted back into life this week, with a handful of overnight blocks signalling the end of the summer lull during the constant furore on the Korean peninsula. Despite the uncertainty, bankers predict equity markets will absorb the noise and battle through. Jonathan Breen reports.

Chailease International Finance Corp has sealed a $250m term loan after obtaining more funds than initially planned, in its second outing to the market this year.

Taiwan’s TPK Holding raised $236.3m on Tuesday evening from a placement of Global Depository Receipts, pricing the deal near the bottom of guidance.

A subsidiary of Taiwan-based Dah Chang Securities on Tuesday became a derivatives trading member with Singapore Exchange (SGX), joining fellow new arrivals I-Access, Shinhan Investment and Cathay Futures.

Taiwan’s TPK Holding Co has opened books for a placement of Global Depository Shares with a view to raise around NT$7.27bn ($242.01m).

KEB Hana Bank sold its first dollar Formosa bond and only its second floating rate note post its merger on Thursday, raking in $350m. Ample liquidity in Taiwan and investors’ hunt for offshore assets buoyed the transaction.