Taiwan

ICBC International (ICBCI) has approached banks for a $500m syndicated loan facility with Agricultural Bank of China at the helm.

KEB Hana Bank is selling its first-ever US dollar-denominated, dual-listed Formosa bond on Thursday, taking bids for floating rate bond with a five year tenor.

ICE Futures Singapore, the energy, metals and forex derivatives exchange owned by Intercontinental Exchange (ICE), has admitted its fifth member, SinoPac Futures, based in Taiwan.

Export-Import Bank of India took advantage of reverse enquiry from Taiwanese investors to sell its debut dollar Formosa bond, marking only the second Formosa from the south Asian country and the first from an Indian bank.

Export-Import Bank of India is poised to make its debut in the dollar Formosa market, becoming only the second borrower from the south Asian country to sell a bond in Taiwan.

Singapore-based Novena Global Lifecare Group is teeing up a $150m IPO in Taiwan as it looks for capital to fund expansion in north Asia.

Singapore-based Novena Global Lifecare Group is gunning for a listing on the Taiwan Stock Exchange to raise $150m for regional expansion.

Commodities trader Trafigura has sent banks a preliminary invitation for an upcoming financing, which market participants reckon will replace a $1.185bn one year loan sealed last October.

China’s State Administration of Foreign Exchange (Safe) says the country will not devalue the renminbi, Hong Kong’s renminbi deposits fall in May, and China welcomes Japan to participate in One Belt One Road (OBOR).

Deutsche Bank Singapore is tapping the syndicated loan market for a $100m-$150m fundraising, and recently sent out a draft term sheet to potential lenders, said bankers.

ABN Amro Bank returned to the dollar Formosa market on Wednesday at the prompting of Taiwanese investors, raising $450m from its deal.

Taiwan’s General Interface Solutions, a manufacturer of screens for Apple products, priced a block of Global Depository Receipts on Thursday, raising $207m after hedge funds flocked to the deal.