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  • The Indian government has hit the market with a mammoth block sale of up to Rp148.6bn ($2bn) in Coal India, as the state looks to add some much-needed weight to its 2018/19 divestment target.
  • Lao Viet Joint Venture Bank is seeking its first international loan of up to $100m through sole mandated lead arranger and bookrunner Cathay United Bank.
  • Clawback columnist Philippe Espinasse says the latest proposals by Hong Kong’s Law Society could spell bad news for international securities lawyers in the city.
  • Chilean state-owned oil company Enap (Empresa Nacional de Petróleo) raised $680m of amortising 11 year notes on Tuesday in a drive-by trade that showed Lat Am borrowers are still willing to battle tough conditions to get funding done.
  • Recent developments may help push the risk of cyber attacks onto the capital markets through catastrophe bonds and other insurance-linked securities (ILS). But investors are likely to be wary about taking on too much exposure.
  • The Islamic Development Bank is out with initial price guidance for its debut euro benchmark sukuk — a €500m five year.