Southeast Asia

Medco Energi Internasional, which issued a dollar bond last week, has returned to the debt market for a reserve based lending (RBL) facility for subsidiary Medco E&P Malaka.

Credit Suisse has hired a senior banker from Maybank to head up its Malaysian investment banking coverage, sources said.

Vietnam’s equity capital market is set for some action, with Vietnam Prosperity Joint Stock Commercial Bank (VPBank) looking to list its shares on the Ho Chi Minh Stock Exchange this week, and PV Power planning an IPO.

Cambodia's Advanced Bank of Asia (ABA Bank) has tied up a $50m borrowing with Taiwanese lenders, taking double the amount raised in its international loan debut last year.

Indonesia’s Medco Energi Internasional braved a rocky market to grab $300m on Thursday, deciding to go ahead with its issuance on expectations of worse conditions further ahead.

Allocations for a $235m three-tranche financing for private equity firm Partners Group’s acquisition of Philippine business process outsourcing company SPi Global were firmed up on Tuesday.

Indonesia’s Medco Energi Internasional, which counts state-owned electricity generator Perusahaan Listrik Negara as one of its clients, is marketing a new dollar bond.

Singapore-listed Yangzijiang Shipbuilding (Holdings) is seeking a $200m three year borrowing, underpinned by a guarantee from its parent and a Chinese state-owned insurer.

Indonesia’s Chandra Asri Petrochemical completed the placement portion of its Rph5tr ($378m) rights-plus-block combo on Monday, in a deal that benefited from the issuer’s focus on transparency.

Saka Energi Indonesia, the upstream oil and gas arm of state-owned Perusahaan Gas Negara, has opened its $250m loan to retail participants through a group of six banks.

A former Standard Chartered loans banker has resurfaced at Sumitomo Mitsui Banking Corp in a senior origination-related position, said a source.

The once-distressed Gajah Tunggal raised $250m from a new five non-call three deal on Thursday, helping the company prepare to refinance a looming maturity – and potentially earn a ratings upgrade.