Singapore

DBS has teamed up with Singapore-based Impact Investment Exchange to set up a $100m Women’s Livelihood Bond Programme.

Keppel-KBS US Real Estate Investment Trust said on Monday it is considering raising new equity to help pay for an acquisition in Washington.

Mapletree Logistics Trust sealed its second overnight fundraising for the year and its largest follow-on offering in a decade on Wednesday, bagging S$375m ($274m) to acquire properties in Singapore.

Frasers Property has sealed the first secured green loan from Singapore and southeast Asia, raising S$1.2bn ($876m). Bankers say this is only the beginning as borrowers in Asia slowly but steadily make the environment and sustainability their top priorities, writes Pan Yue.

HSBC Holdings took advantage of an open window for issuance in the Singapore dollar bond market, raising S$750m ($546m) from a Basel III-compliant additional tier one deal on Monday. But potential issuers still looking to tap the currency may need to adjust their expectations.

China Construction Bank raised S$300m ($219m) through its Singapore branch on Thursday, opting for a two year tenor to offset rising funding costs since its debut in the currency last year.

Kelvin Lim, a director of loan syndicate and sales of Citi, has left the bank, according to a source close to the move.

Commerzbank has ended a 10-month drought in Singapore dollar-denominated tier two deals, returning this week with a S$400m ($290m) bond. What lies ahead for the southeast Asian city-state’s local currency market? Addison Gong finds out.

OUE Commercial Real Estate Investment Trust will partly fund an acquisition from its sponsor through a S$587.5m ($427.2m) rights issue.

August was generally a healthy month for many global derivatives exchanges, though performance was not quite consistent across the industry.

Ascendas Real Estate Investment Trust tapped equity investors for S$452.1m ($328.6m) with a follow-on offering on Thursday, its first visit to the market in over two years.

A number of bond issuers ventured out to the debt market on Wednesday, braving a weak market backdrop to pull off deals not just in US dollars, but also in Singapore dollars and offshore renminbi.