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A group of 10 banks is in discussions with semiconductor firm Micron Technology for a NT$80bn ($2.5bn) loan to back its acquisition of Taiwan’s Inotera Memories.

Union Medical Healthcare covered the institutional tranche of its HK$951m ($122m) IPO on the first day of bookbuilding, with the deal driven by orders from Asian accounts.

South Korea’s Shinhan Bank has launched a non-deal roadshow in Europe and Asia ahead of its planned debut in the international bank capital market.

With foreign ownership of Chinese bonds still at very low levels, the decision to open China’s interbank bond market (CIBM) could truly alter global investment strategies. But, at least for now, the devil will be in the details, with analysts saying that foreign ownership is unlikely to surge in the short term.

The Indian government has set its divestment target for the next financial year beginning April at Rp360bn ($5.3bn), cutting its goal for share sales to nearly half of this year’s objective.

Indian non-banking finance company Au Financiers has sent out a request for proposals for an IPO that could raise $300m, according to a source that has received the RFP.

Equity, currency and rates futures traders adopted a riskier posture last week after market prices stabilised, the weekly Commitment of Traders report showed.

With two rare loans for Turkish corporates in the market — a $400m loan for Borusan Holdings and a $50m facility for clothing company DeFacto — bankers are hoping that deal flow from the country will pick up, helping to fill the void left by sanctioned Russian borrowers.

Reports that Barclays will exit its African operations, known locally as Absa, have left emerging market bond and loan bankers puzzling what future the firm has in the region — historically one of its strengths within CEEMEA — but it is thought it will leave the UK firm better capitalised.

Solera Holdings’ $3.9bn debt acquisition package has been reduced, following insufficient demand for the $2bn-equivalent bond’s euro tranche.

The Monetary Authority of Singapore (MAS) published a paper on banks’ underwriting and corporate lending businesses on Monday. While the central bank did not observe a deterioration in underwriting standards, it cautioned the country's lenders about the increasing use of working capital and bullet loans.

India’s National Stock Exchange has formed an official committee to move forward with its plans for a domestic IPO.