Maoye International Holdings intends to issue senior guaranteed notes to raise $300m in aggregate principal amount.
Based in China, Maoye is an investment holding company engaged in operating and managing department stores.
Maturing on 23 October next year, the notes will carry an interest rate of 7% a year, which will be paid semi-annually on 24 April and 23 October 2018.
The company has engaged Deutsche Bank, Guotai Junan Securities (Hong Kong), UBS AG Hong Kong Branch, China Merchants Securities (HK), Haitong Bank, Industrial Bank Hong Kong Branch, Orient Securities (Hong Kong) and VTB Capitals as underwriters for the offering.
Krazybee’s Indian operator Finovation Tech Solutions (also known as KrazyBee Services) has raised $8m in a Series A round of funding, taking its total funding to $13m.
Krazybee is an online micro-loan platform, which allows college students to buy electronic items in equated monthly installments (EMI).
Japanese automotive retailer Nextage has agreed to raise approximately JPY1.12bn ($10.15m) through a private placement of 0.39 million shares.
The company has engaged Nomura Securities as its underwriter for the transaction.
All the investors involved in the funding transaction are based in the US.
Also based in the US, Beauty Bakerie is a retailer of cosmetic beauty products.
Thailand Carpet Manufacturing (Thailand Carpet) has announced the acquisition of the commercial carpets manufacturing, distribution and sales business of Tai Ping Carpets International.
Thailand Carpet manufactures, distributes and sells rugs and carpets, while Hong Kong-based Tai Ping Carpets International supplies carpets for commercial and residential environments.