Singapore

MUFG Bank has tapped David Uy as head of project finance for Asia.

Rajeev Sahney, head of global banking Southeast Asia at HSBC, is retiring, according to an internal memo seen by GlobalCapital Asia.

Singapore's DBS Bank has launched a digital bond issuance platform featuring software from Nivaura that will allow issuers to launch deals at the click of a button.

Singapore-based agriculture company Olam International is tapping shareholders through a rights issue, to raise S$601.7m ($447.2m) to repay debt from a recent acquisition.

ANZ has appointed Niro Somasekeran as head of corporate finance for south and southeast Asia.

Singaporean logistics company GLP used a subordinated perpetual bond structure to raise $300m of green funds this week.

Credit Suisse has promoted two veteran bankers in its Greater China private banking business.

Bayfront Infrastructure Management has sold the world's first public sustainability securitization deal that was part of a rare project finance trade. Its chief executive tells GlobalCapital Asia that this is unlikely to be its last.

The Spac phenomenon in the US appears to be reaching a tipping point, after whetting the appetite of investors over the past year and offering juicy fees to investment banks. As the market in Asia gets ready for take off, firms should be wary of the obstacles they may face.

The Singapore Exchange has hired a senior Goldman Sachs banker to lead its global sales and origination business.

Frasers Logistics & Commercial Trust has raised S$335.8m ($253.05m) after pricing a placement of new units at the top of the marketed range.

Frasers Logistics & Commercial Trust kicked off a one day follow-on offering of new stock on Monday, aiming to raise at least S$299.8m ($225.3m).