Asean

Indonesian e-commerce company Bukalapak has hit the market with a jumbo IPO of up to Rph21.9tr ($1.5bn), on track to be the country’s largest listing.

Commodities company Trafigura’s Singapore arm is making its annual return to the Asian loan market, this time opting for a sustainability-linked facility.

Malaysian credit reporting firm CTOS Digital has raised MR1.21bn ($288.9m) after its IPO was subscribed 27.6 times.

Commerzbank has tapped Jack Jiang as head of capital markets and advisory for Asia.

Philippines-based real estate developer Filinvest Land has won IPO approval for a real estate investment trust (Reit), as the asset class grows in popularity in the country.

BOC Aviation, the aircraft leasing arm of Bank of China, has launched a $750m borrowing into general syndication.

Renewable energy company Vena Energy was back in the bond market on Wednesday with a $175m tap of its debut green bond.

MUFG Bank has tapped David Uy as head of project finance for Asia.

Rajeev Sahney, head of global banking Southeast Asia at HSBC, is retiring, according to an internal memo seen by GlobalCapital Asia.

The Republic of the Philippines focused on investors keen to buy long-dated bonds by selling a dual tranche dollar deal this week. The $3bn trade featured a chunky $2.25bn 25 year portion that easily trumped the sovereign's last similar outing.

Singapore's DBS Bank has launched a digital bond issuance platform featuring software from Nivaura that will allow issuers to launch deals at the click of a button.

Thailand’s Gulf Energy Development Public Co is seeking a multi-billion loan in dollars and baht to fund the acquisition of telecommunications firm Intouch Holdings, giving banks yet another opportunity to finance a jumbo deal from the southeast Asian country. But there are challenges ahead, writes Pan Yue.