Singapore

Keppel DC Reit’s overnight share sale to raise S$303.1m ($227.6m) was more than two times covered, according to the company.

Keppel DC Reit opened books on Monday morning for an accelerated bookbuild worth S$303.1m ($227.6m), as it seeks equity funding to pay for an acquisition.

The International Organization of Securities Commissions on Thursday scolded central counterparties for not doing enough to implement policies to ensure their stability.

David Lim has rejoined Credit Suisse in the newly created position of vice-chairman for private banking, southeast Asia, effective next week.

Puma Energy has closed a $1.37bn syndicated loan, with commitments from 48 banks helping the company boost its fundraising.

The UK’s Lloyds Banking Group is readying a subordinated tier two bond, to be issued in Singapore dollars.

Commodities trader Trafigura sold a Rmb500m ($78.9m) three year Panda bond through a private placement on April 26, marking the issuer’s first feat in China. The company said it hopes to become a regular issuer in the Panda market.

CTBC Financial Holding has hired veteran banker Benson Chua as head of corporate and institutional banking.

The Singapore equity capital market was hit by some unpleasant news this week when a pair of IPOs were shelved in quick succession. The move drew mixed responses from bankers, with one saying it highlights the city’s dwindling appeal as a listings hub, and others promising a busy year ahead for equity raising. John Loh reports.

Mapletree Greater China Commercial Trust Management has raised S$330.3m ($248.8m) after selling a block of new units to help fund the purchase of Japanese assets.

Central China Real Estate was back in the offshore debt market on Tuesday with a Singapore dollar deal, just a week after sealing a US dollar bond.

Summit Power International’s hopes to be the first Bangladeshi issuer to list in Singapore have fizzled out after its $260m IPO was withdrawn.