Deal Analysis: Grab to expand Asean lending with Atome Financial buy
The Singaporean tech firm's $1.49bn deal will boost its financial services arm across five markets.
September 18, 2026
Southern Bank Berhad, Malaysia's ninth largest bank by assets, completed an upsized $200 million hybrid tier 1 deal on Wednesday (October 26) via UBS. Having initially marketed the deal based on an issue size of $150 million, the Ba2/BB+ rated transaction was increased by $50 million after attracting an order book around the $600 million mark.
