Asean

Indonesian television broadcaster MNC Sky Vision has launched the second stage of syndication for its latest loan, having added two lenders in senior. The company has also trimmed the size of its fundraising to $225m from $275m after accessing an alternate source of funds.

Telekomunikasi Indonesia raised Rph3.3tr ($246m) from the first post-Brexit block trade in Asia, with the deal not only braving the fallout of Britain's exit from the European Union but also doubling in size.

Real estate developer Vingroup Joint Stock Company is back in the loan market for a $240m five year borrowing, which comes with a $60m greenshoe.

Momentum is building for real estate investment trusts (Reits) among Indonesian corporates, after Ciputra group became the latest firm to take steps towards a listing, Fitch Ratings said in a note on Tuesday.

A $425m five year loan for Marlin Enterprise's acquisition of a gold mine in Indonesia has been received well by retail lenders.

Citic Envirotech has priced a $180m tap of its existing $175m 5.45% perpetual notes at the tighter margin of 4.25%, becoming the first Asian G3 bond issuer since the UK’s decision last Friday to leave the European Union.

The Singapore Exchange (SGX) has extended the period of exclusive discussions with the Baltic Exchange for a proposed cash offer to acquire 100% of the shipping-based bourse.

ICICI Bank’s international loan syndications team in Singapore is losing a banker who has been with the Indian lender for eight years.

Fullerton Healthcare opened books on Wednesday for a dual-tranche Singapore dollar bond backed by the Credit Guarantee and Investment Facility. This would be the fifth transaction to be sold in the Lion City with an enhancement from CGIF.

The Taiwan Stock Exchange Corp (TWSE) and Bursa Malaysia have signed a memorandum of understanding to explore capital market opportunities and expand cross border co-operation.

Singapore water treatment firm Citic Envirotech is seeking a tap of the $175m 5.45% perpetual notes that it originally sold last year, becoming the first issuer in Asia to test the G3 market since Brexit.

Real estate developer Vietnam Investment Group Joint Stock Co (VIG), which signed a $200m three year loan last year, is understood to be considering prepaying the money.