DBS

Singapore’s Olam International found eager investors for its $500m perpetual trade on Thursday, showing that it has successfully regained the market’s confidence following a change in shareholding structure driven by a short seller report.

Singapore’s Olam International is seeking investors for a subordinated dollar perpetual non call five trade, opening books on Wednesday morning with initial guidance in the 5.5% area.

Indonesia’s Adira Dinamika Multi Finance has wrapped up its latest fresh money borrowing at an increased amount of $225m. The halo of indirect ownership by Temasek helped the company rake in commitments.

EC World Real Estate Investment Trust has opened books on its S$350.7m ($260.1m) listing in Singapore, as investors continue to flock to the relative safety of Reits and amid a hunt for yield.

Pricing details have emerged on a five year fundraising by Indonesian state-owned oil company Pertamina.

Singapore-listed Ezion Holdings is planning to sell up to S$141.3m ($104.3m) worth of stock through a rights issue at a subscription price of S$0.29 apiece, according to a filing with the Monetary Authority of Singapore on Monday.

A $725m loan for Indonesia Eximbank that hit general syndication at the end of May has attracted commitments from 24 lenders.

Cement producer TCC International Holdings has chosen a group of four lenders to helm its latest $450m outing in the syndicated loan market.

Chongqing Grain Group sealed a successful Rmb1bn ($150m) dim sum bond on Thursday, coming close on the heels of Bank of China, which raised a mammoth $3bn in currencies including offshore renminbi, dollars and euros.

Yihai International Holding has priced its IPO towards the top end of guidance, raising HK$858.0m ($110.6m).

Singapore real estate investment trust Mapletree Commercial Trust has hired DBS, Goldman Sachs and HSBC to help it raise equity funding to back a S$1.78bn ($1.33bn) acquisition.

Two entities of China’s Chonqing municipality — the Nan’an district financing vehicle and the Chonqing Grain Group — have mandated banks for potential deals while Huai’an’s local government financing vehicle is also seeking a new bond.