The HKEX listed aluminium giant will use the money to stockpile bauxite, refinance debt, to invest in overseas projects, share repurchases and for general corporate purposes; it also made a concurrent share repurchase.

SMBC, ING and Standard Chartered have helped provide the $300m financing for the project in Luzon, which will support the country's energy transition.

Upon completion of the transaction in 2027, OCBC Indonesia’s AUM will increase by 25% and the bank's credit card balances will grow by more than 150%.

The global investment firm is planning an office in the Abu Dhabi Global Market later this year, with Benno Klingenberg-Timm, head of institutional for Europe and Asia, readying to relocate to the region.

The former JP Morgan banker will be joining Citi in June from tech firm Dream Sports, and will be based in Mumbai.

The country is facing a myriad of difficulties as the war in the Middle East remains unresolved, with the IMF watching closely.

Airport Authority Hong Kong draws 2.9x subscription for its multi-tranche senior notes offering, underscoring resilient appetite for high-grade Hong Kong dollar debt; the airport's second runway will open in May.

Bayfront VIII has a portfolio of 44 project finance and infrastructure loans and bonds across 40 obligors based in Asia Pacific, Europe and the Americas.

Adel Afiouni has been named senior country manager, group regional head Middle East, Caucasus & Central Asia.

Bhavin Shukla will become managing director, head of infrastructure investment banking, Japan Asia North and Australia & Asia South, at the US bank.