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A $460m refinancing for Tata Power subsidiary Bhira Investments has opened into syndication with seven banks at the helm.

Rizal Commercial Banking Corp (RCBC) has doubled the size of its medium term note programme to $2bn.

Warburg Pincus is offloading shares in US-listed China Biologics Products via a block that could raise up to $385m.

ThyssenKrupp, the German industrial group, joined the surge of corporate bond issuance on Tuesday as the fallen angel company raised €750m.

A €1.6bn loan for the Czech Republic’s Energetický a Průmyslový Holding (EPH) was so popular that it received enough commitments to close after early bird funding, according to a banker close to the deal.

Fomento Económico Mexicano (Femsa) has mandated three banks for its debut euro denominated bond, which it will roadshow next week around the European Central Bank policy meeting.

Traders have been buying yen in spite of clear signals they should do so the from the Bank of Japan. The central bank pushed interest rates into negative territory in January, but instead of exiting yen positions, traders have been building their long exposure, CFTC data suggested this week.

Japan’s Sumitomo Mitsui Banking Corp has raised $300m via a combination of a public and private sale of half of its stake in Indian lender Kotak Mahindra Capital.

Fixed income specialist SC Lowy and UOB Asset Management are set to launch a $400m CLO that will consist predominantly of bank loans from Asia Pacific issuers.

Australian utility firm AusNet Services diversified its funding options this week with its first outing in Singapore dollars, printing a S$200m ($142m) hybrid.

A $300m three year loan for Development Bank of the Philippines (DBP) has received commitments from 15 lenders.

The Asian Development Bank (ADB) has backed the issuance of the first climate bond in the Philippines, providing a partial guarantee to AboitizPower Corp’s notes.