Asean

Hang Seng rejigs benchmark index – DBS and HSBC make changes in Malaysia

Huadong Medicine seeks $150m debut — Indomobil revs up $200m club — PLN delays loan — Jih Sun plans April syndication

Development Bank of the Philippines (DBP) ended a 10-year absence from the dollar bond market for a $300m deal on Tuesday, managing to woo investors with just a small premium.

DBS Group Holdings navigated choppy market conditions for its first tier two dollar bond in more than two years on Monday, using its strong credentials and rarity value to its advantage.

Indonesian motor vehicle financing company Indomobil Finance Indonesia is sounding out the market for a loan return. It has opted for a club deal this time around.

Malaysian rubber glove manufacturer Top Glove Corp is aiming to raise up to HK$14.95bn ($1.93bn) from a dual primary listing in Hong Kong.

Singapore real estate company United Industrial Corp has raised a $300m loan comprising both green and sustainability-linked tranches, adding further momentum to the nascent asset class in Asia.

HSBC has names Christina Cheah as head of global banking for Malaysia.

DBS Group Holdings has named a new Malaysia head and made a senior appointment in Singapore.

Philippines’ SMC Global Power Holdings, the power unit of conglomerate San Miguel Corp, has returned to the loan market for $200m.

BofA puts China tech in focus – Davis Polk adds to Beijing team – SGX plants seeds for Orchid bonds

GLP, a Singapore-headquartered logistics facilities operator, has raised a $658m sustainability-linked loan.