Singapore

Korea Development Bank (KDB) sold two tranches of floating rate notes on March 18, in a transaction that was driven by reverse enquiry from Taiwanese banks.

One of the world’s largest port operators PSA International has mandated DBS and Deutsche Bank to run a series of investor meetings this week.

In this round-up, China's cross-border trade settlement fell to a near three-year low in February, CME reports record levels of trading in its offshore RMB futures, RMB spot trading fell but swap trading surged on the Moscow Exchange, Singapore renewed its currency swap line, and Deutsche Bank sets up a the first interbank host-to host platform by a foreign bank in China. Plus, a recap of GlobalRMB's top stories this week.

United Overseas Bank is making a quick return to the dollar bond market, reopening its $500m 2026 tier twos on Friday.

Oil products storage and distribution firm Puma Energy has invited banks to attend a presentation in late March. The company last tapped syndicated loans for a $1.25bn triple trancher in May 2015.

In this round-up, Malaysia opens RMB qualified foreign institutional investor (RQFII) applications, Macau launches a RMB real time gross settlement (RTGS) payment system, China Construction Bank (CCB) will join the new London silver fix, and the Singapore Exchange (SGX) reported a strong start to RMB currency futures trading in 2016. Plus, a recap of GlobalRMB's top stories this week.

Perennial Real Estate raised S$125m ($90.4m) from a three year bond on Thursday, the latest in a flurry of deals in Singapore’s debt market.

Manulife US Real Estate Investment Trust (Reit) has rejigged the syndicate for its planned $400m IPO in Singapore, with JP Morgan no longer among the banks working on the deal.

The Asia ex-Japan bank capital market sprang back to life this week as United Overseas Bank (UOB) completed the first-dollar denominated trade in the region this year. The deal's strong reception bodes well for those looking to follow but market participants have predicted another lacklustre year in term of volumes, writes Rev Hui.

Perennial Real Estate is wooing Singapore dollar bond investors, having opened books for a three year trade on Thursday.

Hutchison China MediTech’s (Chi-Med) $100m IPO on the Nasdaq has been oversubscribed three days into bookbuilding, according to sources close to the transaction.

United Overseas Bank started receiving bids for a tier two offering on Wednesday in what is the year's first dollar bank capital deal from Asia ex-Japan.