Asean

TMB Bank Public Co has sealed a $400m Basel III-compliant additional tier one bond. The rarity of the Thai deal made price discovery tricky.

SPH Real Estate Investment Trust has bagged S$161.5m ($118.4m) after issuing a chunk of new stock.

MUFG Bank has hired Marilyn Gan as head of origination for its Asia Pacific aviation financing business.

United Overseas Bank (China), a wholly-owned subsidiary of Singapore’s UOB, raised Rmb1bn ($142m) of tier two capital this week, becoming the first issuer in China’s domestic market to obtain an international rating for a subordinated deal. That proved crucial to driving demand, writes Rebecca Feng.

Commodities company Mercuria has closed its annual borrowing at a size of $1.2bn after 24 banks joining the deal during general syndication.

Three bankers have recently joined Natixis’s telecom industry group. Two are in Paris and one is in Singapore.

United Overseas Bank (China), a wholly-owned subsidiary of Singapore’s UOB, sealed a Rmb1bn ($142m) 10 non-call five year subordinated bond on Monday. The trade was the first internationally rated tier-two capital bond in the Mainland debt market.

Insurance company FWD Group’s $1.8bn acquisition loan is set to close by the end of November, with two more banks still expected to join the syndicate group.

New York Stock Exchange-listed online gaming company Sea has bagged $1bn from its second tap of the equity-linked market.

Temasek, the Singapore government investment arm, launched 12 and 30 year euro bonds on Wednesday, a day after announcing its mandate.

New York Stock Exchange-listed gaming company Sea is bookbuilding for a convertible bond worth at least $1bn.

Two Indonesian borrowers, Bank Negara Indonesia and CSM Corporatama, have launched their loans into general syndication, according to several bankers.