Singapore

Clifford Capital is seeking $458m this week from its debut project finance collateralized loan obligation cash flow securitization, to be issued through a newly established special purpose company Bayfront Infrastructure Capital.

Singapore Exchange (SGX) on Tuesday announced that it would allow market participants to centrally clear bespoke FX futures with a new service. The exchange is aiming for an August 27 launch date.

Indian business process outsourcing company Aegis has closed a $150m leveraged buyout loan after a seven-month syndication process that attracted only three participants.

Standard Chartered has named Patrick Lee as chief executive officer for Singapore.

Udhay Furtado has left Goldman Sachs after 12 years with the US bulge bracket firm to take up a new role at Citi.

Hangzhou Steam Turbine & Power Group is seeking a new $100m offshore borrowing.

Commodities trader Trafigura has sent out invitations to relationship banks for its annual refinancing exercise.

The Singapore Exchange (SGX) has approved listings with dual-class share structures, a few months after a similar move by rival Hong Kong.

Singaporean commodities company Vitol Asia has attracted 19 participants to its one year revolving credit facility.

ABN Amro has appointed Eugene Ganchev as Asia Pacific head of trade and commodity finance (TCF) and Gregory Vandeler as the region’s head of agri-commodities and TCF coverage, effectively immediately.

DBS's Singapore-based syndicate banker Cleaven Yu is set to head up a new debt capital markets origination team in Shanghai from next month.

Embattled company Noble Group has secured support from shareholder Goldilocks Investment Co for its new restructuring plan. The commodities trader has promised to increase shareholders’ stakes in New Noble to 20%, and has also kicked off a strategic partnership in the Middle East.