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The Asian Development Bank (ADB) has received approval to provide a loan and partial credit guarantee to support the issuance of what could be the Philippines’ first green bond.

Côte Restaurants, the UK chain of French-styled restaurants being bought out by BC Partners, has avoided general syndication and allocated a £138m leveraged loan with early bird lenders.

The CNY rates market slumped on Tuesday after the People's Bank of China (PBoC) dropped its currency fixing by a record 1.9% alongside announcing a new methodology for conducting its daily fix. USD/CNY was set at 6.2298, its lowest level in almost three years.

Property developer HKR International is considering increasing the size of its borrowing to HK$6bn-HK$7bn ($774m-$903m) after receiving a strong response in a market where Hong Kong credits have been scarce.

Department store operator Metro Retail Stores Group is gearing up for a fourth quarter listing on the Philippine Stock Exchange having filed its preliminary prospectus on August 9.

Guotai Junan’s Rmb500m ($80.6m) ABS has set a new landmark in China's securitization market, which has welcomed a raft of new asset classes this year. But while the opening up of a new funding channel for Chinese brokers has excited some market participants, others are worried it could deepen the country’s margin financing troubles.

The result of October’s presidential elections in Argentina, which bond investors believe will lead to a return to capital markets for the sovereign, remain wide open after Sunday’s primary elections, said economists and analysts.

The People's Bank of China (PBoC) has changed its daily exchange rate fixing methodology to make it more related to market levels, in a move that analysts saw as helping the renminbi's case for inclusion in the International Monetary Fund's SDR basket.

Yingda International Leasing, a company owned equally by General Electric and China’s State Grid Corp, is seeking an Rmb500m ($82m) three year loan in general syndication, with the help of two Taiwanese banks. The deal comes with a greenshoe allowing the bookrunners to double its size to Rmb1bn.

The pick-up in Asian green bond activity has caught the attention of investors of investors from overseas who are now taking part in the region’s budding market. Mirova Responsible Investing, a division of Natixis Asset Management, spoke to GlobalCapital Asia about its considerations when deciding whether to invest in Asia’s green debt.

Colombian state oil company Ecopetrol has hired María Fernanda Suárez Londoño, a former head of the country’s public credit unit, as corporate vice-president of finance and strategy.

Markit has launched an FX trade confirmation service that it hopes will mitigate operation risk and allow counterparties to manage trade lifecycle events more efficiently.