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Mitsubishi UFJ Financial Group is set to break new ground in Asia with an inaugural offering of bonds that meet total loss-absorbing capacity (TLAC) requirements.

A group of banks is firming up a $400m loan to back Baring Private Equity Asia’s bid for precision mechanical parts maker Interplex Holdings.

The Bombay Stock Exchange (BSE) has tapped Edelweiss Financial Services as the lead underwriter for its IPO in India that could raise as much as $200m at the end of the year.

Two lenders are financing a club loan of close to £140m ($202.8m) for a subsidiary of the Employees Provident Fund of Malaysia.

Happy Year of the Monkey from GlobalRMB. In this round-up, the Singapore Exchange and the Moscow Exchange see sustained activity in RMB spot and derivatives contracts in January 2016, KraneShares plans a new RQFII China bond exchange traded fund (ETF), and the UK appoints a vice-president for the Asian Infrastructure Investment Bank.

It was hard to tell which was more worrying this week: the see-saw action in bank stocks, or the one-way tumble in additional tier one bonds. The only conclusion bankers and investors could offer is that, whether or not the industry is on the cusp of another meltdown, the issues of capital and funding are paramount once again. Graham Bippart and Tyler Davies report.

Argentina may be able to access international capital markets even if US creditors continue to reject restructuring proposals, said analysts this week.

In early hybrid capital instruments, deferred coupons could be settled by proceeds from the sale of ordinary shares, in a process known as an alternative coupon satisfaction mechanism (ACSM).

Dollar bonds from Latin America remained elusive this week as global market turmoil kept borrowers on the sidelines.

Currency and tenor have been left open in the RFP for Russia’s first sovereign bond since 2013. Recommendations to print in dollars are expected to dominate and some have said that a renminbi tranche is a possibility. But the RFP has aroused suspicion that it could be a ruse to raise funding for sanctioned entities.

Austrian property developer CA Immobilien was the only European company to issue a corporate bond on Wednesday as European bourses rebounded after sell-offs, but the deal gave few clues about the wider market.

European credit and equity markets suffered a sustained battering this week with financial borrowers facing ever greater scrutiny in the wake of poor results and concerns about their ability to meet coupon payments.