Asean

A $235m three-tranche financing for private equity firm Partners Group’s acquisition of Philippine business process outsourcing company SPi Global has gathered commitments from five lenders.

HNA Commercial Reit is searching for arrangers for its Singapore IPO after Bank of America Merrill Lynch pulled out from the deal. But the real estate investment trust’s listing may have to wait until its troubled parent can rebuild confidence in its name, said a source close to the transaction.

The Singapore Exchange has admitted its 59th derivatives trading member, I-Access Investors, which is based in Hong Kong.

Foreign investors look set to be allowed into Myanmar's capital markets soon, with new laws close to approval. The news is very welcome as growth has stalled in the country's markets since the first shares started trading on the Yangon exchange last year. However, any celebrations must be tempered by the experiences of Myanmar's neighbouring countries and it must take care to avoid similar pitfalls.

ANZ has appointed Rufus Pinto as the chief executive officer of Laos, according to a Tuesday statement from the Australian lender.

Buriram Sugar Group Power Plant Infrastructure Fund priced its IPO in Thailand near the top of the marketing range last Friday to raise Bt3.6bn ($108.2m).

Singapore-based Novena Global Lifecare Group is gunning for a listing on the Taiwan Stock Exchange to raise $150m for regional expansion.

Oil and gas exploration and production company Medco Energi Internasional is eyeing the offshore market for a senior bond, and will meet fixed income accounts in Asia, Europe and the US.

Two banks have underwritten a $4.65bn financing package for the acquisition of Singapore’s Global Logistic Properties (GLP) by a consortium of Chinese investors.

Indonesian palm oil company Tunas Baru Lampung (TBLA) is looking for a Singapore dollar deal, marking its first bond in the currency as well as its maiden offshore deal.

Indonesia’s Bumi Resources has raised Rph35.1tr ($2.6bn) from the sale of rights shares and mandatory convertible bonds, in a bid to shed debt.

Indonesian tyre maker Gajah Tunggal is planning a return to the dollar market to refinance a $500m 7.75% note coming due in February 2018.