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  • Indian Oil Corp has mandated three banks for its $500m loan return, after inviting firms to bid for the transaction last month.
  • Three Chinese domestic credit rating agencies downgraded Sichuan Languang Development Co due to higher refinancing risk on Monday, sending its bond prices lower.
  • Asia's investment grade bond market is off to a busy start for the week, while pressure on the high yield sector continues to keep borrowers at bay.
  • An investor consortium led by the local government of Jiangsu has agreed to channel Rmb8.82bn ($1.36bn) into troubled Chinese electric appliance retailer Suning.com, giving a boost to the company’s share price.
  • Sergio Díaz-Granados, executive director for Colombia at the Inter-American Development Bank (IADB), will become the new executive president of Latin American multilateral lender CAF in September after obtaining more votes than Argentine candidate Christian Asinelli.
  • Mexican car parts maker Nemak began meetings with European investors on Monday as it looks to become the first Latin America borrower to sell sustainability-linked bonds in more than one currency.