Asean

James Gifford, who was founding executive director of the UN Principles for Responsible Investing, has joined Credit Suisse in the newly formed position of head of impact advisory.

Agricultural Bank of China Singapore branch has raised a $200m green loan from seven banks, following in the footsteps of peer ICBC London, which signed a mandate letter for a green loan three months ago.

Lendlease Global Commercial Real Estate Investment Trust, a Singapore Reit sponsored by its Australian parent Lendlease, started sounding out investors for its IPO on Monday.

Bank of the Philippine Islands issued on Thursday a green bond in Swiss francs, which came at a negative yield.

Sta Lucia Land, a property developer in the Philippines, is looking to raise Ps7.56bn ($145m) from the sale of new shares. It has mandated China Bank Capital Corp to run the transaction.

PSA International, the Temasek Holdings-owned port operator, seized $500m from its return to the dollar bond market after a three year hiatus. It priced the 10 year deal right around fair value, thanks to its opportunistic timing and strong credentials.

JPM expands China JV team — Natixis names Apac infra finance head — CLSA makes senior debt hires — BNP closes Manila offshore branch

The Philippine IPO market will receive a big boost in September as two companies prepare to launch their transactions after getting regulatory approval.

Switzerland-based UBS Group has priced its second Singapore dollar-denominated Basel III-compliant additional tier one (AT1) bond in just nine months, taking advantage of a rally in its deal from last November.

BNP Paribas has shut down its offshore banking unit in the Philippines, according to the country’s central bank.

DCM bankers in Asia have used a quiet August to prepare new bond deals for next month. But despite most bankers’ optimism that the coming weeks will be busy, many believe the second half of 2019 will be quiet compared with the same time last year as the market gets battered by volatility. Morgan Davis reports.

Louis Dreyfus Asia has boosted the size of its annual borrowing to $650m from $500m after receiving commitments from 31 lenders.