Singapore

Investors have a chance to buy bonds from Indonesian government-owned electricity distributor Perusahaan Listrik Negara (PLN), which is back in the international market for the first time in over four years. Meanwhile, Singaporean property developer Oxley Holdings is tapping its $200m notes.

Bank of China’s Singapore branch raised $600m from a three year floating rate bond on Thursday, marking the lender’s second issuance this year supporting the Chinese government’s Belt and Road initiative.

Landesbank Baden-Württemberg (LBBW) is marketing its first Singapore dollar-denominated transaction, a Basel III tier two subordinated bond, joining a slew of European lenders that have sold deals in the currency.

Landesbank Baden-Württemberg (LBBW) is set to engage with fixed income accounts in Singapore for a potential Basel III tier two offering.

Law firm Clifford Chance has appointed five new partners in Asia Pacific, including one capital markets specialist, according to a Tuesday press release.

Two commodities companies have rolled out separate syndications into the loan market, with Vitol Asia approaching lenders for $1bn and Gunvor Singapore looking for $800m.

Wilmar International, a Singaporean agricultural firm, sold its first bond in three years on Wednesday.

In a blow to the Singapore Exchange’s (SGX) dual-class aspirations, an investor group has voiced its opposition to the bourse’s plan to allow weighted voting rights, saying it could “threaten” the quality of the equity market.

Gunvor Singapore and India’s state-owned Rural Electrification Corp are tapping lenders for more than $1bn in new financings.

Halcyon Agri Corporation raised $150m on Wednesday from its maiden international bond. The deal was launched in a softer market amid increased volatility sparked by geopolitical events, but the issuer benefitted from its relationship with China’s state-owned Sinochem Group.

Gunvor Singapore is set to make a comeback for its annual refinancing, this time sounding out its relationship banks for a $800m transaction.

Standard Chartered has created a new unit to house its private financial markets business, to bring more focus to its debt product structuring and distribution.