Asean

With the growth of socially responsible investing (SRI), coal companies are having an increasingly hard time appealing to bond investors. But Indonesia's Adaro Energy wooed accounts to its $750m deal with its efforts to clean up its business.

Philippine conglomerate Ayala Corp raised $400m this week, after bringing fixed-for-life perpetuals back to the Asian bond market.

The Republic of Indonesia raised more than $2bn from a dual-currency bond sale on Wednesday, taking some of the market by surprise with its opportunistic move.

Vietnamese companies are increasingly turning to the offshore loan market, providing bankers with relief amid a wider slowdown in Asia. Pan Yue reports.

Investors put in nearly S$3.5bn ($2.6bn) of orders for Mapletree Logistics Trust’s S$250m placement, helping the Singapore-listed company price its transaction near the top of guidance.

Parkson Retail Group, a department store operator, has returned to the loan market after eight years, sealing a HK$3.9bn ($497m) borrowing.

Vietnamese dairy producer NutiFood Nutrition Food Joint Stock Company has postponed a planned three year dollar bond, but said it has not given up hope of returning to the debt market later.

Mapletree Logistics Trust is issuing a block of new shares to raise around S$250m ($183.6m) from investors.

DBS has hired Lance Soh as a senior vice-president in its syndicated finance team.

VPBank Finance has made a quick comeback to the offshore loan market, seeking its third deal this year.

The head of Indonesia’s fiscal policy agency tells GlobalMarkets that his country is determined to hit its pledge to cut carbon emissions by 30% and called on policymakers to put a robust carbon tax back on the political agenda

Vietnamese conglomerate Vingroup Joint Stock Company and its automobile subsidiary VinFast have returned to the loan market, seeking a total of $500m in senior syndication.