Singapore

Syndicated loans banker Marilyn Fung has joined Standard Chartered’s loan syndication team in Singapore.

Asia Pacific Resources International Holdings (April), a subsidiary of Royal Golden Eagle, has made a quick return to the loan market for a self-arranged borrowing of up to $1bn.

CapitaLand Retail China Trust raised S$154.3m ($112.6m) on Thursday from a placement of new units, done alongside a preferential offering to existing shareholders.

Frasers Logistics & Industrial Trust has raised S$258.1m ($188.4m) after sealing a new unit placement at the top of price guidance, according to a term sheet seen by GlobalCapital Asia.

Temasek Holdings-backed Fullerton India Credit Company has invited banks to join a $250m debut borrowing.

As the market prepares for Libors to end their run as the world’s most prevalent reference rates, there is growing support for the benchmarks to be reprieved.

ANZ has named Vishnu Shahaney as the new head of Southeast Asia, India and Middle East, and the country head for Singapore.

Singaporean commodities company Trafigura has returned to the loan market for its annual borrowing, seeking a $1bn-equivalent to test the market’s appetite for the deal.

Singapore-listed real estate company CapitaLand Commercial Trust has raised S$220m ($162m) from a private placement to fund an acquisition in Germany.

Ilfryn Carstairs, global chief investment officer at alternative investor Värde Partners, will become co-CEO from next year, while keeping his co-CIO title.

Prime US real estate investment trust has bagged S$829.7m ($611.6m) from its Singapore IPO, becoming the third pure US property Reit to list in the city-state this year.

CapitaLand has raised a sustainability-linked facility of S$150m ($110m) with Crédit Agricole, just nine months after closing a larger deal with DBS.