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Agence Française de Développement sold a dollar syndication on Tuesday, but with the latest statement from the US Federal Reserve’s Federal Open Market Committee due on Wednesday further deals are unlikely this week, said SSA bankers.

International Finance Corporation has hit its target size for a rare five and a half year Kangaroo, despite turmoil in the Chinese stock market restricting Asian investor involvement.

Ashtead, the UK-based equipment rental company, has increased a credit facility to $2.6bn to fund an expansion of its fleet.

Oesterreichische Kontrollbank darted into the public market on Tuesday to tap a short dated sterling line.

Africell, the Sub-Saharan-based telecommunications firm owned by Lebanon's Lintel Group, has signed a $150m syndicated loan with local and international lenders.

Power Finance Corp (PFC) has completed bookbuilding for the divestment of a 5% stake in the company by the Indian government, netting at least Rp16.76bn ($262.06m) with an offering that investors piled into.

Slovenia’s development bank, SID Banka, opened books on a €250m three year deal on Tuesday morning.

International schools operator Cognita on Tuesday began roadshowing its £280m bond, becoming the second borrower from the private education industry in the speculative grade market this year.

Four banks were selling a spectrum of covered bonds on Tuesday, in stark contrast to a senior unsecured market that is wobbling again as it approaches the summer break.

This year Chinese securitization has struggled to continue the momentum it showed at the end of 2014, failing to come close to the increased Rmb500bn ($82bn) quota from the regulators. While there is more than one reason behind why issuance has been slow, market participants are still confident the budding asset class will come good by the end of the year.

Just when it seemed like calm was returning to China’s whipsawing stock market, investors were thrown another curveball on Monday, as Shanghai suffered its worst one-day plunge in eight years. While ECM desks in Hong Kong were rattled by the rout, they are not pressing the panic button.

Vietnam’s Sacombank has completed an overseas fundraising of $50m, with a group of five lenders supplying the funds. The loan comes close on the heels of a borrowing by Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) that is now in its final leg. An overall lull in the syndicated loan market this year has driven banks to look beyond larger southeast Asian economies for business.