Singapore-based agribusiness giant has made its third foray into samurai loan facilities, this time raising US$233 million for general corporate purposes
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
The Japanese company plans to reduce its reliance on bank loans by borrowing from subsidiaries with ample cash in a bid to raise $1.8bln of its $2.7bln funding needs.
As the Regional Comprehensive Economic Partnership moves towards a pan-regional economic agreement, a think tank pushes it to copy the TPP approach to rules of origin as time runs short before the trade bloc goes live.
With volatile currency swings and unpredictable stabilisation measures, treasurers in Asia-Pacific are increasingly turning to intercompany loans and hedging.