Singapore

The Singapore Exchange (SGX) has appointed Mark Leahy as head of fixed income, responsible for executing the bourse’s strategy for its bond trading business, including encouraging institutional participation.

Malaysia's Qualitas Medical is marketing its S$100m ($77m) IPO in Singapore at a deep discount to other healthcare names, picking the city-state as the listing venue to highlight its regional ambitions.

The Singapore Exchange is at the final consultation stage for dual-class share listings, seeking feedback on safeguards against entrenchment risks, according to a document released on Wednesday.

The Asian green loan market is finally starting to take shape, with a handful of borrowers approaching banks for fundraising. It’s still early days but there are huge opportunities for growth. Rashmi Kumar reports.

Singaporean agricultural company Olam International has raised a three year sustainability-linked $500m revolving club loan, the first of its kind in Asia.

Qualitas Medical Group is preparing to launch an IPO of around S$150m ($114.4m) on the Singapore Exchange, said a banker on the deal.

Commodities trader Noble Group decided not to repay a $379m bond that matured this week, triggering an event of default. But the latest development got little reaction from the market, as the company has long been in the process of restructuring almost $3.4bn of debt.

Westpac Banking Corp has appointed Michael Correa as general manager for Asia Pacific.

Lotte Shopping raised W303.6bn ($285.4m) from a five year put three exchangeable bond on Wednesday, which some bankers thought was priced at overly generous terms.

Rao to lead HSBC’s Southeast Asia corporates team – JP Morgan names Asia DCM head

DBS Group announced a mandate on Wednesday for a euro tier two deal. It is thought a transaction would be its first in euros outside of covered bonds, and it would be the first unsecured trade from a Singaporean financial institution in euros in more than 10 years.

Singapore-listed OUE tapped the markets on Tuesday with a pair of five year equity-linked bonds, one convertible into its shares and the other exchangeable into stapled securities of OUE Hospitality Trust.