Southeast Asia

The advance of global warming, highlighted by the Intergovernmental Panel on Climate Change’s report this week, not only demands that the private sector accelerate efforts to cut carbon emissions. Companies must also adapt to the changing climate – and this will involve interacting in new ways, experts say.

Vietnam’s Vinfast Trading and Production has raised a $950m guaranteed term loan to help it buy machinery and equipment from nine German suppliers.

The terrible earthquake and tsunami that hit Indonesia’s Sulawesi island last month has served as a wake-up call for the country’s Ministry of Finance, which is now looking at issuing catastrophe bonds.

Thailand Future Fund hit screens on Friday, with a set of cornerstone investors looking to help get its Bt44.7bn ($1.4bn) IPO across the line.

Two prominent Asian markets approved dual-class securities this year, but the CFA Institute this week warned of a host of risks that the structure poses to investors.

Asia Pacific Resources International Group, a pulp and paper producer also known as April, is self-arranging an up to $1bn offshore loan.

Singapore dollar bond issuance came back to life in the third quarter of this year, setting the stage for a further ramp up in activity.

Thai energy drinks manufacturer Osotspa has raised Bt15.1bn ($459.5m) from its IPO, taking advantage of a quiet market and its familiarity among investors to price at the top of the range.

Vinpearl raised $125m on Thursday night after tapping a $325m exchangeable bond sold in June, managing to navigate the sea of red in equity markets.

Taipei Fubon Bank has hired Sean Liu, a former ANZ loans banker, to its Singapore office.

Private equity firm KKR has pocketed D4.88bn ($209.5m) after exiting Masan Group through Vietnam’s largest block trade, according to a source close to the deal.

The International Finance Corp became the first issuer to launch a green Komodo bond — an offshore bond in Indonesian rupiah — on September 28. But the World Bank had the same idea: it launched a sustainability bond in rupiah the following week.