Asean

Panama’s Global Bank eyes Asia liquidity — Indo Eximbank in $725m fundraising — Protelindo in bilateral talks

Indonesia’s Chandra Sakti Utama Leasing (CSUL) has approached the loan market for $80m, in a deal that comes backed by its accounts receivable.

Natixis has named Alain Gallois as CEO of corporate and investment banking for Asia Pacific, a position he will take up in July.

The New Development Bank Brics (NDB) has appointed four Chinese banks and two internationals banks to work on a renminbi-denominated green bond to be sold to Chinese onshore buyers.

The Government of Malaysia flexed its muscles as one of Asia’s biggest Islamic bond issuers this week, brushing off noises over a political scandal and volatile oil prices to raise $1.5bn.

Manulife Financial is set to kick off bookbuilding for its Singapore-bound $500m real estate investment trust (Reit) IPO next week, if feedback from investor education is positive.

Veteran banker Ali Abbas Alam, co-head of the emerging markets financing group for Asia at Credit Suisse, is due to leave the lender after a 16 year spell.

Bond investors woke up to a pair of investment grade Asian issuers on Wednesday with the government of Malaysia seeking bids for a dual-tranche wakala sukuk and BoC Aviation looking to close a conventional 10 year.

British American Tobacco subsidiary Bentoel Internasional Investama is set to proceed with an up to Rph14tr ($1.1bn) rights issue, having won the go ahead from shareholders.

Indonesian television broadcaster MNC Sky Vision has launched the senior syndication phase of its $275m two tranche borrowing.

CIMB Group chairman and director Nazir Razak has taken a voluntary leave of absence pending a board review on banking activities relating to his personal account.

DBS Group Holdings has completed its inaugural foray into Hong Kong’s bank capital market, selling a Basel III tier two trade last week. The move is part of the Singaporean lender's strategy to diversify its bank capital funding sources.