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  • An auction this month to settle credit default swaps referencing Norske Skog will produce wildly divergent recoveries for investors at different maturities, terms published by the International Swaps and Derivatives Association (ISDA) have confirmed.
  • Cheng Loong Corp, a paper manufacturer, is in the market for a loan related to its Vietnam operations.
  • Biostime International Holdings and Xuzhou Economic and Technology Development Zone State-Owned Assets Management (Xuzhou ETDZ) are gearing up for what will be their first outings in the international bond market.
  • Cement producer TCC International Holdings has tapped the market after a two year gap, for a $450m borrowing that will refinance a loan that matures this year.
  • Dave Rome, head of loan capital markets at Royal Bank of Scotland, resigned at the end of last week to join law firm Ashurst. The move follows RBS's reorganisation of its loans business, which limited the banker’s role, said a source at the UK bank.
  • Tsinghua University Science Park is planning to print what would be its inaugural dollar-denominated green bond, according to a source close to the matter.
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