Fortress Group (01828.HK) issued 2 subordinate capital securities totaling $1.15 billion with coupon rates of 5.252% and 5.836%, and ultimately raised $14.8 billion.

FWD Group Holdings Limited (abbreviated as "FWD Group" 01828.HK Moody's: Baa1 Stable Fitch: BBB+ Stable) issued 144A/Reg S, 5-year and 10-year, US dollar-denominated subordinated bonds.