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An Emirati financial has mandated banks for a tier one dollar transaction, adding to the Middle East post-summer pipeline.

Dongfeng Peugeot Citroën Auto Finance Co has increased the size of its latest loan to Rmb1bn ($158m) from a launch size of Rmb800m, after 14 lenders came in during general syndication. The borrower’s strong market position helped whip up interest, said bankers.

Yingda International Leasing, a company owned equally by General Electric and China’s State Grid Corp, is raising a Rmb500m ($82m) three year borrowing. The deal comes with a greenshoe that allows the bookrunners to double its size to Rmb1bn.

Myanmar has moved closer to an offshore bond issue after circulating a draft law clarifying how the sovereign can raise debt, and hiring Citi and Standard Chartered as ratings advisers. The moves have been welcomed but investors have been warned to expect a long wait before they get their hands on any deal, writes Shruti Chaturvedi.

At least one CEEMEA borrower is hoping to bring that market’s first dollar green bond before year end, and in a size larger that the modest euro prints done so far.

Gazprom’s bondholders have allowed it to modify the terms and conditions of its £500m 5.338% loan participation notes due 2020, the company announced on Thursday.

Forget about Bali, Cannes, Mauritius — the British seaside is where one MTNer has his eye for a summer break.

San Miguel Corporation’s SMC Global Power Holdings Corp has mandated eight banks as the company hopes to return to the dollar bond market with perpetual subordinated notes.

Abu Dhabi National Energy Company (Taqa) signed its $3.1bn refinancing oversubscribed and with a tighter margin on Wednesday, but its first half earnings showed a 35% decline in Ebitda.

Africa Finance Corporation, a pan-African multilateral development finance institution, has placed its inaugural MTN, following demand from a Southeast Asian buyer.

China’s devaluation of its currency has halted private medium term note business in offshore renminbi, say dealers, after it led to a plunge in the renminbi/dollar swap rate.

Malaysia’s Hong Leong Bank has announced plans for an MR3bn ($752m) rights issue in the fourth quarter of 2015 as the lender seeks to beef up its capital buffers.