Chito Santiago

4 weeks ago | theasset.com | Chito Santiago

Singapore lender UOB on March 26 priced a multi-tranche bond offering totaling US$2 billion, taking advantage of recent constructive market environment and a stable issuance window. The issuance generated a strong investor demand and achieved tighter pricing from comparable financial institution group ( FIG ) transactions.

2 months ago | cn.theasset.com | Chito Santiago

Treasury & Capital MarketsIndia's Aditya Birla Housing Finance secures IFC fundingInvestment seeks to encourage home ownership among women, foster entrepreneurial growthAditya Birla Housing Finance ( ABHFL ), a wholly owned subsidiary of Indian financial services provider Aditya Birla Capital, has secured an investment of 8.30 billion rupees ( US$95.70 million ) through non-convertible debentures ( NCDs ) from the International Finance Corporation ( IFC ).

Jan 23, 2025 | theasset.com | Chito Santiago

Philippine lender Rizal Commercial Banking Corporation ( RCBC ) returned to the US dollar bond market on January 21 when it printed a US$350 million sustainability bond in a demonstration of its commitment towards building a climate-resilient and low-carbon loan portfolio. The five-year, one-day senior unsecured bonds were priced at 99.279% with a coupon of 5.375% - equivalent to a spread of 115 basis points ( bp ) over US treasuries.

Nov 28, 2024 | theasset.com | Chito Santiago

Financial markets in emerging East Asia in late third quarter of this year saw heightened uncertainty around the US Federal Reserve's policy stance and the US elections, according to the latest issue of Asia Bond Monitor published on November 27 by the Asian Development Bank (ADB). Long-term bond yields rose in most regional markets tracking the bond yield increase in the US.

Nov 26, 2024 | theasset.com | Chito Santiago

Multi-disciplinary specialist healthcare services provider Singapore Medical Group (SMG) accessed the bond market for the first time with a S$90 million (US$66.67 million) offering on the back of a guarantee provided by Credit Guarantee & Investment Facility (CGIF), a trust fund of the Asian Development Bank (ADB). The five-year senior unsecured bond, announced on November 20, carried a fixed rate of 3.54%.