Asean

Thomas Hugger has more than two decades of investment experience in frontier markets. Volatility is part of the job description. But he has never faced challenges like those unleashed by the Covid-19 pandemic.

Compart Systems, a high precision metal components maker, has returned to the loan market to refinance an old borrowing from 2016, which was used to support its buyout by Platinum Private Equity.

DBS has hired Abhishek Jain from Goldman Sachs to join its mergers and acquisition team.

Rizal Commercial Banking Corp (RCBC) sold its debut Basel III compliant additional tier one dollar bond on Thursday, becoming the first Philippine bank to do so.

US food and commodities firm Archer-Daniels-Midland Co has tapped the equity capital markets for the first time in more than a decade, using a concurrent block of Wilmar International shares and an exchangeable bond — with the same underlying stock — to raise $850m. Jonathan Breen reports.

Is the southeast Asian loan market set for a revival? Early signs are positive as borders start to open up and Covid-19 infection cases stabilise, leading to more enquiry from borrowers.

Deutsche hires for top job in Vietnam – ANZ names two MDs – Citi Korea CEO to retire

Deutsche Bank has hired Huynh Buu Quang as acting chief country officer for its Vietnam business.

Thai agro-industrial and food conglomerate Charoen Pokphand Foods is in the market for its third syndicated loan of the year, this time through subsidiary CP Merchandising Co.

Indonesian tanker company Soechi Lines, which is facing a big hit to its shipyard operation, is in discussions with banks for a refinancing loan.

The Kingdom of Thailand pulled off a novel sustainability bond in the domestic debt market on Thursday, hitting the upper end of its Bt30bn ($965m) size target and getting away with tight pricing.

Singapore fintech BondEvalue launched BondbloX Bond Exchange this week, which claims to be the first blockchain-based exchange in the world, with the maiden trade executed on a bond from commodities giant Olam.