Singapore

Singapore Telecommunications and a Hangzhou local government financing vehicle both hit the dollar bond market on Monday, already putting Asia’s debt market ahead of the one dollar issuance last week. But bankers say there is little more to come.

KBS Realty Advisors is preparing to float its second Reit in Singapore backed by US commercial properties, bankers close to the deal said.

Oversea-Chinese Banking Corp (OCBC) reopened Singapore’s additional tier one market this week, managing to raise S$1bn ($726.87m) from the first such deal in 14 months.

Deutsche Bank taps Ngan for ECM — Citi names first BRI head — Li emerges at Citic — Morgan Stanley promotes in SEA — Nomura hires for Korea DCM

Standard Chartered has rearranged its primary and secondary debt business, creating a global credit markets team that will be run by Henrik Raber, its long-time capital markets head.

BOC Aviation, the aircraft leasing group under Bank of China, has launched a $500m five year borrowing into general syndication, with a group of ten banks at the helm.

Singaporean commodity company Louis Dreyfus Asia has boosted its three year revolver to $600m after attracting 20 participants during syndication.

Morgan Stanley has made two senior appointments in its southeast Asia investment banking team, according to a memo seen by GlobalCapital Asia.

Singaporean hard-drive manufacturer MMI International is seeking a $205m loan, mainly to refinance an old borrowing sealed in 2015.

China’s foreign exchange reserves grow in July, renminbi derivatives in Singapore hit a new high as trade war escalates, official data shows a pick-up in exports from China to Belt and Road countries.

Four former Credit Suisse loans bankers who left the bank earlier this year have resurfaced in the market, according to sources.

Singapore’s Wilmar International has bumped up the size of its dual-tranche borrowing to $1.8bn after attracting 24 participants during syndication.