Asean

Oil and gas company KrisEnergy has extended a $111m revolver by one year, according to a release last Friday.

The inevitable set of quarter end data is set to arrive as March winds down. While G3 bond volumes from southeast Asia will be disappointing, there are plenty of other reasons to be positive.

Taiwanese conglomerate Formosa Plastics Group has increased the size of its latest borrowing to $3.5bn from $2.5bn.

Indonesian gas-to-power specialist MAXpower Group is looking to rejig terms on a $222m five year syndicated loan sealed in 2015.

The Yangon Stock Exchange opened last Friday to a fervent day of trading with the debut listed stock, First Myanmar Investment, jumping about 19% on the first day.

Four lenders are close to being mandated for a $400m fundraising for Maybank, according to sources.

Bursa Malaysia has announced a handful of changes to its listing requirements as it tries to improve disclosure standards and corporate governance practices on its stock markets.

Dutch lender ABN Amro returned to the Singapore dollar bond market for the first time since 2012, raising S$450m ($331m) with a tier two offering.

Indonesian department store operator Rimo International has set a new date to obtain shareholder approval for its Rph7.52tr ($576.78m) rights issue, according to a filing.

Thailand’s TMB Bank made a popular return to the bond market on Wednesday, raising $300m from a 5.5 year offering that was six times covered thanks mostly to its rarity value.

Indonesian developer Grahamas Adisentosa is seeking a long-term borrowing of $1.458bn to fund the construction of a 111-storey building in Jakarta. The almost unprecedented size of the fundraising and an unusually long tenor have led to bankers debating who will come in for the deal, writes Shruti Chaturvedi.

Loss-making commodity trader Noble Group is in talks with banks for an unsecured borrowing of about $1.5bn to refinance existing debt.