Asean

Singapore Exchange (SGX) has used the iron ore futures listed on its derivatives market to create a series of inverse and leveraged indices for tradable products.

Puma Energy, the midstream and downstream oil company, has signed a five year loan that was oversubscribed by its relationship banks.

A trio of borrowers from Laos are looking to hit the international loan market soon, with Cathay United Bank guiding lenders towards a possible launch date.

Singapore’s Keppel Corp, together with US-based KBS Realty Advisors, is preparing to list a real estate investment trust in the southeast Asian country, backed by commercial properties in the US.

Mapletree Logistics Trust sealed an accelerated bookbuild at the top of guidance on Wednesday, raising S$353.5m ($261.8m) from the first step of a two-pronged equity raise to fund the acquisition of a Hong Kong warehouse.

Malaysian companies have finally started taking steps towards sustainability, about three years after the country put together its SRI sukuk framework. The potential for growth is huge, and with the right encouragement and a conscious partnership between Islamic financing and sustainable goals, Malaysia can make itself a leading green market.

A chunky $4.108bn leveraged buyout financing, for the acquisition of Global Logistic Properties by a consortium of Chinese investors, has entered into general syndication.

Garuda Maintenance Facility AeroAsia has opened books on a two-pronged Rph3.2tr ($245.5m) IPO which will also see it court strategic investors.

Thailand's Prima Marine has secured Bt5.2bn ($156.9m) from its IPO of 650m shares, according to a company announcement on Monday.

Cromwell European Real Estate Investment Trust launched bookbuilding on Monday for a €902.9m ($1.08bn) listing on the Singapore Exchange, a move in line with the parent’s diversification strategy.

Thai firm Prima Marine was set to wrap up bookbuilding for its Bt5.2bn ($156.9m) IPO on Friday.

Southeast Asian companies have pulled off a dramatic increase in dollar bond issuance this year. But with Indonesia still representing the bulk of deals from the region, bankers are bracing themselves for a slow down as the end of the year approaches. Addison Gong reports.