Asia and the Pacific

Asia and the Pacific

Hero Arm, Azure Power to Raise $1 Bn from Bond Sale

Hero Group’s renewable energy arm and NYSE-listed Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the...

External Debt Up, Driven by Sukuk Issuance

Indonesia’s external debt rose in February, driven by foreign capital inflows into the government’s sukuk (Islamic bonds), according to data from Bank Indonesia (BI). The...

ICBC Issues First Green BRI Inter-Bank Regular Cooperation Bonds

China's largest lender has issued its first green bonds focusing on Belt and Road inter-bank regular cooperation (BRBR) in its latest bid to support...

Electronica Finance Raises $10 Million from responsAbility

A climate fund managed by impact investor responsAbility has invested $10 million in green masala bonds sold by non-banking financial company Electronica Finance Ltd,...

Shinhan Bank Issues $400 Mn 10-Yr Subordinated Bonds at 4%

South Korea’s major lender Shinhan Bank sold $400 million in 10-year subordinated bonds to raise long-term funding for corporate commitments to sustainable growth and...

Green Bonds Are a Little Grey, Say Investors

Bond fund managers and rating agencies have cautioned against blindly investing in green bonds as they questioned the credentials of borrowers that claimed to...