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Spanish construction company Fomento de Construcciones y Contratas will restructure more debt after completing its largest ever capital increase and refinancing €1bn last year.

Taiwan’s Advanced Semiconductor Engineering has ventured back into equity-linked after a near two-year hiatus, raising $200m from a 2.75 year convertible bond that was flooded with orders, and led to nearly half the accounts going home empty handed.

China Life Insurance Company braved the volatile global market on June 25 to sell the country’s first core tier two subordinated insurance bond. China’s largest underwriter set a benchmark for insurance capital under the country’s new regulations, and more are expected to come.

Chinese real estate corporate Wuzhou International Holdings has raised $100m from a tap of its 13.75% 2018s, this is the second re-opening on the bonds and was driven by reverse enquiry.

Australian property developer Lend Lease and Abu Dhabi Investment Authority subsidiary HIP are in the market for a fundraising of S$2bn ($1.49bn) for a project in Singapore. The loan marks a rare syndication in the Singapore market, which has been dominated by clubs, said bankers.

The latest survey on RMB business in London showed that in 2014 the FX trading more than doubled in size, with daily volumes of $61.5bn, while other areas, including trade finance and RMB deposits stabilised on the 2013 levels.

CJ CheilJedang Corporation has picked three banks ahead of its upcoming offshore bond, which is likely to be in hybrid format.

Vanke Properties (Overseas) is tapping shareholders for HK$1.04bn ($134m) through a one-for-two rights issue, as it looks to shore up resources to expand its operations and make a potential acquisition in the Wan Chai district of Hong Kong.

Marie Filotti, an ECM syndicate banker with Nomura based in Hong Kong, has left the firm, GlobalCapital Asia understands.

Port and ferry service provider Zhuhai Holdings Investment, which is seeking a HK$1bn ($128m) borrowing in general, has received commitments from two banks.

Korea Gas Corp (KoGas) mandated six banks as the company gears up for a benchmark sized return to the dollar bond market next month.

In this round-up, HKMA extends operating hours for its RMB repo and RTGS facilities, Swift appointed new China head, Commerzbank received a CNY options trading license in China, and Bahamas is looking to become the Americas' third RMB hub.