Following its announcement of plans to restructure the entire domestic power industry, the Chinese government has awarded the mandate for the first of the regional Grid Co''s in what is expected to be a $1 billion transaction.
The old saying that you wait ages for a bus and then suddenly three arrive all at once may come to bear in the Asian debt markets next week, with the Republic of China, Hong Kong Land and Citic Pacific all lining up for launch within days of each other.
Singapore''s largest company by market capitalization has launched the City State''s largest corporate bond offering as it re-configures its balance sheet ahead of new overseas acquisitions.