Asean

Indonesia’s Bumi Serpong Damai is looking for a window to sell a seven year dollar deal via wholly-owned subsidiary Global Prime Capital.

Intercontinental Exchange has added JP Morgan as the fourth clearing member of its ICE Clear Singapore subsidiary.

The Philippines’ largest lender BDO Unibank is planning a rights issue of up to Ps60bn ($1.2bn) in an attempt to boost its capital base.

Singapore Telecommunications raised $500m on Monday, a day when credit markets in Asia slumped. Nevertheless, the investment grade issuer managed to get away with offering no new issue premium on its bonds.

Mitsui & Co subsidiary MBK Healthcare has pocketed MR1.0bn ($249.7m) after offloading a chunk of its shares in IHH Healthcare, with the leads having to walk investors up from the bottom of the price range.

Singapore-based auto leasing company Ethoz Group has attracted commitments equalling the base amount of its up to S$120m ($89m) loan, according to a source.

An average of about three covered bonds a week are expected between the start of the fourth quarter and the end of November, but with German holidays, blackout periods and elections, the two month funding window is thick with the risk of disruption.

MBK Healthcare, owned by Mitsui & Co, is looking to raise up to MR1.05bn ($253.6m) from a sale of shares in Malaysia's IHH Healthcare.

Bank of Tokyo-Mitsubishi UFJ has hired a banker for its loans team in Singapore, according to sources.

In this round-up, Chinese regulators have further delayed any expansion of the qualified domestic institutional investor, Vanguard has completed its transition to a FTSE index that includes A-shares, and Malaysia’s new payment system adds support for RMB debt securities. Plus, a recap of GlobalRMB’s coverage this week.

The Singapore Exchange has signed a memorandum of understanding with Industrial and Commercial Bank of China to enhance the links between Singapore's and China’s capital markets.

Standard Chartered has given Kaustubh Kulkarni responsibility for Indian rupee bond syndicate, as the bank seeks fresh opportunities in local currency debt.