Westpac

BoC Aviation has wrapped up its latest borrowing at a bigger size of $500m as banks from across Asia poured into the transaction.

Korea Development Bank (KDB) returned to the Singapore dollar bond market on November 26, bagging S$200m ($142m) from a three year deal. The offering marks the Korean policy bank’s third offshore outing in just one week, following deals in Australian dollars and offshore renminbi.

Intel, the US technology company, raised A$800m ($578.44m) in its debut Kangaroo deal on Tuesday afternoon, drawing strong demand from Asian investors.

India’s Reliance Industries signed its $1.47bn dual-currency loan on November 20 in Dubai, sealing the deal after commitments from a 30-strong group lenders.

The Singapore dollar bond market saw some action on November 26 with Korea Development Bank (KDB) selling a deal in the Lion City.

Intel, the American technology company, raised $A800m in its debut Kangaroo deal on Tuesday afternoon, drawing strong demand from Asian investors.

India’s Reliance Industries signed its $1.47bn dual-currency loan at the end of last week in Dubai, with the deal sealed following commitments from a group of around 30 lenders.

Swedish lender Swedbank kept Australian dollar supply ticking over on Tuesday, pricing its first bond in the currency since 2008.

Westpac has appointed Sneha Sanghvi as its new head of financial markets for Asia, replacing Michael Bass who is relocating to the bank’s London office.

The question about whether the renminbi will be included the IMF Special Drawing Rights basket of currencies has already been decided. At least that’s the view from industry experts who are preparing for life after the RMB becomes a reserve currency.

BoC Aviation has swooped into the syndicated loan market for a $300m unsecured transaction, launching the deal with four banks at the top.

BoC Aviation has soared into the syndicated loan market for a $300m unsecured borrowing, launching the deal with four banks at the top.