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Category: Singapore

Ivanhoe Spac nets $240m, eyes new energy industries

Singapore-based Ivanhoe Capital listed a special purpose acquisition company (Spac) on the New York Stock Exchange this week, raising $240m after increasing the size of the float.

Grab turns to US investors for $750m TLB financing

Singaporean ride-hailing company Grab Holdings has added a dash of excitement to the loan market with plans to raise $750m from a new outing. Pan Yue reports.

SoftBank makes rare bond showing with $7bn-plus eight trancher

SoftBank returned to euro and dollar bond markets after a three year absence to issue an eight tranche deal, raising more than $7bn-equivalent from total demand of more than $16bn, and hitting every empty spot

Ivanhoe Spac targets US IPO for green energy investments

Singapore-based Ivanhoe Capital, led by mining billionaire Robert Friedland, is floating a special purpose acquisition company (Spac) on the New York Stock Exchange.

UIC taps green and SLL market for $300m

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 appoints Malaysia country head

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

Grab pushes TLB further to $2bn

Singapore’s ride hailing start-up Grab Holding has further increased the size of its term loan B to $2bn following solid traction in the US market.

World Economic Forum to be held in Singapore in 2021

The meeting of global political and business leaders is usually held in the Swiss mountain resort Davos

DoorDash is set to deliver SoftBank a big hit

Tech-focused Vision Fund poured money into startup in 2018, helping it expand its reach and outpace rivals’ growth

Japanese bank SMBC takes $30m stake in UK fintech firm OakNorth

The deal is at a discount to OakNorth’s overall valuation, compared with its most recent $440m financing round by SoftBank

FKS raises $255m loan from eight banks

Singapore-based FKS Food & Agriculture has closed a $255m-equivalent dual currency deal with eight lenders.

ARA, Chelsfield raise green loan for Singapore property

ARA Asset Management and property company Chelsfield have raised a S$385.8m ($286m) green loan to finance the acquisition and renovation of 5One Central, a commercial building in Singapore.

KKR Appoints Jim Rowan as Senior Advisor

SINGAPORE--(BUSINESS WIRE)-- Global investment firm KKR today announced the appointment of Jim Rowan, former Chief Executive Officer of Dyson Ltd., as a Senior Advisor to KKR’s Asia Private Equity team. Mr. Rowan brings more than

SoftBank leads $250m round for Tier Mobility

SoftBank Vision Fund has led a $250m funding round for Germany-based e-scooter startup Tier Mobility.

SoftBank comeback stays on track with $6bn profit

Japanese conglomerate’s Vision Funds posted big investment gains

Somerset expands China team

Somerset Capital Management has recruited Min Chen to its China team. He joins the UK firm from Dymon Asia where he was the portfolio manager of the Prospect View China fund. Chen has previously clocked

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