Frasers Centrepoint plans $1bn equity fundraising
Singapore-listed Frasers Centrepoint Trust is looking to raise S$1.39bn ($1.02bn) by selling new units equal to over half its existing stock.
Singapore-listed Frasers Centrepoint Trust is looking to raise S$1.39bn ($1.02bn) by selling new units equal to over half its existing stock.
Singapore’s property investment company CapitaLand has raised a S$200m ($146m) equivalent bilateral loan linked to both Sora and Sofr, the first of its kind in the country.
Singapore’s Oversea-Chinese Banking Corp (OCBC) raised $1bn from a tier two subordinated note on Wednesday that was priced at a new low.
Industrial and Commercial Bank of China used its Singapore arm to raise more than planned from a dual-tranche bond on Tuesday, taking a total of $1.8bn after tightening pricing by 40bp on both portions.
Singapore’s DBS has become the latest foreign bank to receive approval for a majority-owned securities joint venture (JV) in China, as the country continues to open up its financial markets.
Posted by Andrew Nussbaum, Steve Cohen, and Karessa Cain, Wachtell, Lipton, Rosen & Katz, on Saturday, February 8, 2020 Editor's Note: Andrew J. Nussbaum, Steven A. Cohen, and Karessa L. Cain are partners at Wachtell, Lipton, Rosen
Singapore banking veteran Eric Lian has returned to UOB in a senior position after a stint at OCBC.
Singapore has been a front-runner when it comes to moving away from Libor to a new benchmark, with its regulators, borrowers and banks playing an active role in preparing the market. The rest of Asia’s
