Asean

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is considering increasing the size of its borrowing to $350m after receiving commitments well over its target amount of $200m.

Derivatives exchanges are broadening their reach in China through futures and options and build the H-shares product suite.

Orchid Capital Investments has exited from Vietnamese conglomerate Masan Group, raising VN$3.1tr ($139m) from a small group of investors including Singapore’s sovereign wealth fund.

Singaporean lender United Overseas Bank (UOB) made a quick return to the dollar bond market last Friday, raising an additional $200m with a tap of its tier two notes issued earlier in the month.

CIMB’s regional head of equity capital markets is understood to have tendered his resignation after more than a decade with the Malaysian lender, according to sources.

Indonesian developer Grahamas Adisentosa is seeking a long-term loan of $1.458bn to fund the construction of a 111-storey building in Jakarta.

Korea Development Bank (KDB) sold two tranches of floating rate notes on March 18, in a transaction that was driven by reverse enquiry from Taiwanese banks.

The Republic of Indonesia hit the market on Monday as it seeks to tie up a five year and a 10 year wakala — the first time the southeast Asian country has attempted a sukuk offering in two tranches.

One of the world’s largest port operators PSA International has mandated DBS and Deutsche Bank to run a series of investor meetings this week.

TCC Group subsidiary Berli Jucker Public Co has signed up nine lenders for a €3.2bn ($3.5bn) portion of a larger loan to support its acquisition of retailer Big C Supercenter.

Thailand’s TMB Bank is set to return to the dollar bond market for the first time in 10 years, having mandated three lenders for a roadshow next week.

In this round-up, China's cross-border trade settlement fell to a near three-year low in February, CME reports record levels of trading in its offshore RMB futures, RMB spot trading fell but swap trading surged on the Moscow Exchange, Singapore renewed its currency swap line, and Deutsche Bank sets up a the first interbank host-to host platform by a foreign bank in China. Plus, a recap of GlobalRMB's top stories this week.