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  • The Philippines’ equity capital markets got another boost this week as Monde Nissin Corp was swamped by investors placing pre-launch bids for its upcoming billion-dollar IPO, set to be the country’s largest ever listing. The market is shaping up to be one of the busiest in southeast Asia this year, tapping into growth in the consumer sector. Jonathan Breen reports.
  • Credit Suisse has made a number of appointments to expand its private wealth business in Asia.
  • Philippine property developer SM Prime Holding has returned to the loan market after an absence of five years.
  • I was talking to a few loans bankers this week and was surprised when they revealed privately that they had very little interest in social loans. That gave me an idea.
  • South Korean internet giant Naver Corp has returned to the debt market to tap its debut sustainability bond for another $300m.
  • A committee of Belize’s largest bondholders said on Wednesday that there was a “lack of transparency” in the country’s debt restructuring proposal, claiming that Belize failed to address several creditor concerns during confidential negotiations. The committee said bondholders should not bear the costs if Belize decides to reject an IMF programme.