Asean
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Charles Pitts-Tucker has been promoted to international head of investment banking at Nomura, alongside a string of other moves at the Japanese bank.
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Indonesian textile company Delta Merlin Dunia Textile made its debut in the dollar bond market on Tuesday. But first it had to overcome a huge range of value estimates from investors.
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Mubadala Investment, an Abu Dhabi sovereign wealth fund, has raised MR1.04bn ($254.4m) after selling a number of its shares in RHB Bank, according to a source close to the deal.
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Singapore-based internet company Sea is planning to issue a new chunk of its US-listed equity, according to a filing with the regulator.
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French investment bank Natixis has promoted one of its own to helm private bank and family office coverage for the region.
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In this round-up, China’s benchmark CSI300 index saw its biggest daily rise in three years after trade negotiations and deleveraging boosted investor sentiment, service imports and exports rose in 2018 and a Bloomberg survey indicated Hong Kong and Singapore investors are optimistic on Chinese onshore bonds.
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Insurance Australia Group (IAG) has launched the first catastrophe bond out of Singapore, as the Lion City seeks to become a hub for insurance-linked securities (ILS) by offering grants to issuers.
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Ecom Agroindustrial Asia, the Singaporean business entity under Swiss commodities trader Ecom, has returned to the international loan market for its annual borrowing.
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Far East Horizon and Asian Development Bank added a bit of life to the dim sum bond market in February, raising Rmb740m ($110.4m) between them. Bankers think looming maturities could give them more business this year.
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Philippine oil company Petron Corp has returned to the offshore loan market after a two year absence, picking a bigger lead group that has allowed it to achieve much tighter pricing.
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Singapore Power, a government owned electricity and gas distributor, grabbed investor attention on Wednesday and raised $600m from a rare trip to the international bond market.
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Malaysia-based firm Top Glove Labuan tapped the equity-linked market for the first time on Wednesday, raising $200m after printing a five year non-call three exchangeable bond.