Singapore

Singapore's Clifford Capital returned to the offshore bond market this week to raise $500m.

While European banks have been ducking the covered bond market in favour of central bank liquidity, issuance from the asset class’s newer markets has also been light, but for different reasons. Attention is now on South Korea and Japan, which are seen as the most promising sources of new issuance, according to a senior S&P ratings official.

Singapore's Temasek Holdings and its wholly owned Azalea Asset Management sold the fourth iteration of the Astrea collateralised fund obligation (CFO) this week. They raised more than $450m from the institutional portion of the deal, using a tried-and-tested structure.

A consortium led by Malaysia’s TTL Energy and Engie Asia Pacific, the regional arm of French energy firm Engie, has raised a RM342m ($84m) green loan to support the development of a solar plant in Malaysia.

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.

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.

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

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.

The Singapore Exchange (SGX) and Brussels-based Euroclear Bank have teamed up to launch a new bond structure in Asia.

Taiwanese leasing company Chailease International Finance Corp has made a quick return to the loan market through its Singapore entity.

Standard Chartered has made two appointments to its corporate, commercial and institutional banking (CCIB) business in Singapore.