CIMB Group

A handful of issuers decided to turn to the bond market on Tuesday, looking for a crucial window just one day before the US Federal Reserve makes its decision on the trajectory of interest rates.

Khazanah Nasional has raised MR1.2bn ($295.3m) after offloading a chunk of shares in Malaysian utility company Tenaga Nasional.

A S$350m ($259m) loan signed between Lippo Malls Indonesia Retail Trust (LMIR) and a group of lenders has opened into syndication.

Malaysian sovereign wealth fund Khazanah Nasional threw open Asia’s equity-linked market this week, issuing a $398.8m exchangeable sukuk to much fanfare. The deal has revived Khazanah’s presence in the market and comes two years after it struggled to pull off a similar transaction. Jonathan Breen reports.

Two accelerated bookbuilds lit up the Asian market this week as equity capital market bankers foresaw brightening prospects for block trades. As one banker said that term sheets for potential overnight share sales were “flying around”, the end of the summer could usher in a bumper harvest of deals. John Loh reports.

A S$350m ($259m) loan signed between Lippo Malls Indonesia Retail Trust and a group of lenders is set to go into general syndication.

The period under review has proved one of the most trying for the region’s financial institutions as global problems combine with financial stresses in domestic markets. Amid this turmoil, the best banks have once again proved their ability to outperform. We present Asia's Best Domestic Banks.

Warehouse developer China Logistics Property Holdings Co has added HK$3.4bn ($438.3m) to its coffers after sealing a Hong Kong IPO at the top of price guidance, according to a source close to the deal.

Malaysia’s MRCB-Quill Real Estate Investment Trust is looking to raise MR427m ($106m) through an equity placement in the fourth quarter of this year to part-fund the acquisition of an office tower in the capital.

Fullerton Healthcare has made its debut in the Singapore dollar bond market, raising S$100m ($74m) from a deal backed by the Credit Guarantee and Investment Facility (CGIF). Bankers on the trade reckon the issuer’s sector, as well as the bond’s structure and currency, were the winning ingredients to navigate volatility.

After taking a few days to consider the fallout from Brexit, warehouse developer China Logistics Property Holdings Co has thrown open books for its potential HK$3.4bn ($433.8m) listing.

Fullerton Healthcare opened books on Wednesday for a dual-tranche Singapore dollar bond backed by the Credit Guarantee and Investment Facility. This would be the fifth transaction to be sold in the Lion City with an enhancement from CGIF.