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  • Indian power finance company REC, formerly known as Rural Electrification Corp, has mandated five banks for a $600m loan.
  • Korea Midland Power Co steered its $300m bond through tough market conditions on Monday, having little option but to offer investors a premium to ensure decent secondary performance of its notes.
  • US-listed hybrid electric vehicle maker Li Auto has hit the road for its Hong Kong secondary listing. The deal could raise around HK$13.1bn ($1.68bn) based on the last close of its US stock.
  • The Republic of Rwanda hit the market on Monday morning with a 10 year dollar benchmark.
  • Beijing Hyundai Auto Finance Co has kicked off its onshore auto loan ABS issuance for the second half of the year, returning with yet another revolving deal under the Autopia China series.
  • PB Fintech, parent of online insurance platform Policybazaar, has filed initials documents for a Rp60.17bn ($809.2m) IPO in India.