Southeast Asia
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Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is making a quick return to the loan market for an up to $300m fundraising.
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Attractive pricing in the dollar loan market is pushing Indonesian borrowers offshore, despite guidance from the country’s central bank to curb foreign currency debt exposure.
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Embattled company Noble Group has secured support from shareholder Goldilocks Investment Co for its new restructuring plan. The commodities trader has promised to increase shareholders’ stakes in New Noble to 20%, and has also kicked off a strategic partnership in the Middle East.
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Poultry feed producer Charoen Pokphand Indonesia is talking to the lenders on two of its offshore borrowings sealed in 2014 and 2015, to cut pricing, several bankers said this week.
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Temasek Holdings’ private equity funds-backed collateralised fund obligation Astrea IV started trading on the Singapore Exchange (SGX) on Monday, with investors continuing to chase after the notes.
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Singapore Exchange (SGX) has been allowed temporarily to continue listing its Nifty derivatives as it fights a legal battle with the National Stock Exchange of India (NSE) over replacement products.
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China Reinsurance (Group) Corp’s chairman recently held talks with the Singapore deputy prime minister about catastrophe bonds. The conversation’s timing is bound to raise eyebrows, given the reinsurer’s outstanding cat bond is due next month.
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Singapore’s Louis Dreyfus Co Asia has returned to the offshore market for a $500m three year revolving credit facility.
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Chinese used car e-commerce platform Uxin began bookbuilding on Thursday for an IPO that could raise up to $475m.
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BNP Paribas Singapore CEO heads to US — Credit Suisse makes senior SEA appointments — ICICI ECM head to exit — Deutsche equity-linked veteran leaves for Goldman — ANZ loses syndications banker — BNY Mellon WM names Greater China head
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Pete Osborne, a former director at Singapore Exchange (SGX), has resurfaced at Canadian exchange operator TMX Group in London as head of European equity trading sales.
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New York Stock Exchange-listed Sea, an online gaming firm, is bookbuilding for its debut convertible bond worth some $400m.