DBS

DBS has hired two bankers to join its syndicated finance team in Singapore.

Allianz Real Estate and Gaw Capital Partners have secured a joint S$945m ($697m) green loan to support the acquisition of Duo Tower and Duo Galleria in Singapore.

India's REC, formerly known as Rural Electrification Corp, raised $500m from a five year bond on Thursday.

China Merchants Commercial Real Estate Investment Trust has raised HK$2.6bn ($327.6m) from its IPO, breaking a six-year drought of Reit listings in Hong Kong.

Bank of Communications Financial Leasing Co bagged $600m from a floating rate note (FRN), taking advantage of a strong preference from investors for a floating rate format compared to fixed.

Thai Beverage is planning to spin off and list its brewery business in a deal that could raise up to $2.5bn, according to a source familiar with the matter.

Oil and Natural Gas Corp (ONGC), the largest crude oil and natural gas company in India, tussled with bond investors during marketing for its latest dollar deal this week. Investors pushed back against ONGC’s demanding terms and forced a last-minute flip-flop over a change of control clause. Morgan Davis reports.

Chinese government-owned China State Construction International Holdings (CSCI) raised $500m from a subordinated perpetual bond, after investors put in orders that covered the transaction by more than 10 times at the peak.

Chinese property developer JY Grandmark Holdings has launched a roadshow for an up to HK$1.45bn ($185.5m) Hong Kong listing. A source close to the situation said the IPOs timing is right, despite the turmoil in the special administrative region.

Commodities company Mercuria has closed its annual borrowing at a size of $1.2bn after 24 banks joining the deal during general syndication.

Apple supplier AAC Technologies Holdings priced its debut international bond on Wednesday, raising $388m despite concerns about its exposure to the trade war between China and the United States.

China Overseas Land & Investment (Coli) found a conducive market window for its last bond issuance of the year, raising $294m from a 10 year deal on Wednesday.