Funding & Investment

Slowed corporate loan activity reflects slowing domestic demand. September data will be key to reveal the impact of the government’s loan interest subsidies.

The US Federal Reserve has decided to cut interest rates by 0.25% in a meeting this week after the US created only 22,000 jobs in August, well below trend.

The funding for Green Investments Partnership was raised via FAST-P from a range of global investors; it will be invested in renewable energy, EV infrastructure, transport, water and waste management, for Southeast Asia’s energy transition; some of the projects are perceived as more risky.

Aavishkaar Capital provides credit to mid-sized MSMEs operating in the supply chain with a social and environmental impact, in India, emerging Asia such as Indonesia and Vietnam, and Africa.

The funds were raised to further support the firm’s cleaner energy supply to remote mining sites across Australia; this is the first debt fundraising from Octa Group.

The sustainability linked financing covers greenfield and operational assets across Australia, Hong Kong, Malaysia and Singapore, and involved a consortium of 60 banks. The financing comes after Blackstone and CPPIB's acquisition of the group last year.

The record green loan for the data centre, to be built in Singapore, has been supported by a consortium of banks. Crédit Agricole CIB, DBS and ING were the global coordinators and sustainability structuring agents; the loan has an option to convert into a SLL.

As regional regulations ramp up, AllianzGI is increasingly focusing on corporate governance of portfolio companies through tools such as the preannouncement of voting and risk-based engagement.

The proceeds raised by the Singapore firm will be used to refinance existing debts and for general corporate purposes; Starhill has commercial properties across Apac and raised a S$600m SLL in March.

The US Fed has kept the interest rate unchanged while the US has agreed a 15% tariff rate with South Korea; the BOJ is anticipated to keep interest rates steady this week.

Firms with parent companies overseas in 2024 grew 10% in the city while almost 500,000 have applied to come under talent schemes; in addition, tourism has increased 12% to 24 million in the first six months of this year as the government releases a new business report.

Vinay Bhutra, head of treasury at the Bangalore-based lifestyle firm, discussed with CT the team’s 2023 debut in India’s bond market, and how that inspired its fundraising strategy, as it expands in the Middle East.