Southeast Asia
-
Malaysia’s Sapura Energy plans to spin off its exploration and production arm through an IPO, having picked two banks to lead the transaction.
-
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.
-
The Islamic Development Bank has been meeting investors and banks in Europe to explore the possibility of launching its first public sukuk issue in euros. A labelled green sukuk might follow.
-
Singaporean commodities company Vitol Asia has attracted 19 participants to its one year revolving credit facility.
-
The Vietnamese government has approved the equitisation of a stake in Vietnam National Shipping Lines (Vinalines), according to a statement on the company’s website.
-
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.
-
The International Finance Corp (IFC) issued the first internationally rated triple-A green bond denominated in peso last week, raising $90m.
-
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.
-
VPBank Finance, the consumer finance arm of state-owned Vietnam Prosperity Bank, has closed its loan at $185m with 13 participants joining during syndication.