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  • Chinese property manager Powerlong Commercial Management Holdings is meeting with prospective investors this week to gauge interest in its Hong Kong IPO, according to a source familiar with the matter.
  • Three Chinese banks have provided Jiangxi Copper Company with a $700m loan to support its acquisition of Canada’s First Quantum Minerals (FQM).
  • Singapore property developer Hoi Hup Realty has received its debut green loan of S$332.5m ($244.5m), which it will use to partially finance its acquisition of a hotel in the southeast Asian country.
  • Fear of an onshore default by a Chinese local government financing vehicle (LGFV) led to a sell-off in the dollar bond market on Monday. But after news emerged of a government rescue of the company, both the primary and secondary markets quickly recovered.
  • Beijing Capital Land has set the ball rolling for a three tranche rights issue, eyeing around $361.5m from a deal combining its offshore and domestic shares.
  • Colombian airline Avianca has finally completed negotiations with existing creditors, allowing it to wrap up a much-anticipated $250m loan from United Airlines and Kingsland Holdings as well as $125m in financing from new investors.