Asean

Vietnamese property developer Novaland Investment Joint Stock Co is making its loan market debut with a $250m facility.

Thai natural rubber company Sri Trang Agro Industry approved a spin-off of its gloves production unit at a board of directors meeting this week.

CapitaLand has raised a sustainability-linked facility of S$150m ($110m) with Crédit Agricole, just nine months after closing a larger deal with DBS.

Prime US real estate investment trust is on the road for a potential S$834.5m ($613.8m) listing on the Singapore Exchange, with over half of the units already taken up by cornerstone investors.

Louis Dreyfus Asia has priced its $500m three year revolving credit facility at the same level as its last loan from 2018.

Indonesian power company PLN is set to launch a $1bn loan into syndication this week, after hiring a group of 10 banks to run the deal.

Nomura’s executive director and head of Malaysia investment banking Kit Weng Yip has left to take on a new position at another capital markets firm in the country.

MUFG Bank has picked Satinder Pal Singh Ahluwalia as managing director of the global commercial banking planning division, a newly created position.

Citi has named Hsiu-Yi Lin as the new head of commercial bank for Asean.

Credit Suisse north Asia loan syndicate head exits — DBS loses loans banker — Maybank IB nabs ECM banker — SGX rejigs structure — CICC gets new chairman

Country Garden seeks second borrowing in six months – UAF taps two banks for HK$1.6bn – Deutsche arranges $190m for Shangshi – Pakistan sovereign deal open – Malakoff woos banks to refi – IRFC pulls into Samurai market

SMC Global Power Holdings Corp (SMCGP) has added an opportunistic $300m to its coffers from a reopening of its popular 6.5% perpetual bond, spying a good window to return to the market.