DBS

Singapore’s army of private bank accounts were spoilt for choice this week with a triple-whammy of bank capital transactions that suited them perfectly — an additional tier one from United Overseas Bank and tier two offerings from Société Générale and National Australia Bank.

BOC Aviation is set to raise at least HK$8.7bn ($1.1bn) from its Hong Kong IPO, as it looks to kick off bookbuilding next Monday with a fixed price.

Manulife US Real Estate Investment Trust (Reit) is set to become Singapore’s first IPO of the year, a welcome development for a stock exchange that has suffered from plummeting deal flow. It may just be what the market needs to get going again, writes Jonathan Breen.

Manulife US Reit is set to price its $470m Singapore IPO at the top of guidance, according to sources close to the deal.

Loans for financial institutions continue to flourish in general syndication, with deals for State Bank of India and Malaysia's Maybank progressing smoothly.

India's ONGC Videsh has lined up six lenders for a $1.268bn nine month loan to support its acquisition of a stake in oil fields in Russia.

A Singapore-based banker who is part of the syndicated finance team at DBS will be moving to a new role next week, according to sources.

Property developer Frasers Centrepoint could start investor education next week for a potential S$900m ($659.5m) real estate investment trust IPO in Singapore, according to sources close to the deal.

Allocations have been issued for a $455.75m loan to support Baring Private Equity Asia’s acquisition of Singapore-based Interplex Holdings.

Hong Kong-listed conglomerate Dah Chong Hong is readying a loan to back its acquisition of Li & Fung’s Asia consumer and healthcare distribution business.

Indian mortgage lender HDFC is close to signing up lenders for a $375m borrowing, according to two sources.

Manulife US Real Estate Investment Trust kicked off its second try at a Singapore listing on Tuesday with the launch of a bigger, bolder trade, this time expecting to raise up to $470m.