Asean

Temasek Holdings and its wholly-owned Azalea Asset Management this week brought out Astrea V, the latest collateralised fund obligation (CFO) backed by cash flow generated from private equity funds, finding an even better response than their last outing.

Two subsidiaries of Taiwan’s Formosa Plastics Corp have closed their offshore borrowings at bigger sizes.

The Republic of Indonesia raised more than $1bn from tightly priced bonds in the dollar and euro markets this week, taking advantage of improved investor sentiment and a recent upgrade to draw in investors.

Malaysian home improvement retailer Mr DIY Group could file a prospectus with Bursa Malaysia for its $500m IPO as early as the end of June, according to a source close to the potential deal.

PetroVietnam Gas has launched a $250m loan in general syndication, attracting one bank during senior.

Allen & Overy has appointed Pallavi Gopinath Aney as a capital markets partner to cover India and southeast Asia, according to an announcement from the firm.

Standard Chartered has poached James Cameron from HSBC, appointing him global head for power, utilities and infrastructure (PUI) and clean technology.

The Philippines’ Aboitiz Power Corp has launched into general syndication its $300m loan to back its acquisition of AC Energy.

Credit Suisse Group made its debut in the Singapore dollar market on Wednesday, finding a significant price advantage for its perpetual tier one bond in the new currency.

MUFG has filled another key position in the APAC region by naming Richard Yorke as head of global corporate and investment banking (GCIB) for Asia Pacific.

BOC Aviation, the aircraft leasing group owned by Bank of China, is returning to the offshore loan market, seven months after it sealed a smaller transaction.

MUFG has appointed Noriaki Goto as the new regional executive for Asia, effective immediately, alongside two other senior positions in the financial conglomerate.