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Indian power company Power Finance Corporation (PFC) has mandated three banks for investor meetings that could be followed by the company's international debut in the US dollar market.

Dairy company Fonterra Cooperative Group has priced its third dim sum offering, bringing in Rmb1bn ($161m) to support its expanding business in China.

A senior banker has departed HSBC’s project finance team in Asia, GlobalCapital Asia understands.

Citic Securities Co, one of China’s biggest investment banks, stole the ECM limelight on June 15, snapping up HK$27.06bn ($3.49bn) in a landmark deal that attracted an illustrious list of names, including the sovereign wealth funds of Kuwait, Malaysia and Singapore.

Farhan Faruqui, who jumped ship last year to ANZ after 23 years at Citi, has now taken on the additional role of running the Australian bank's institutional client group (ICG).

Hindustan Petroleum Corp (HPCL) has made a rapid return to the offshore syndicated loan market, sending out a request for proposals for a $200m five year bullet less than a month since it wrapped up its last facility.

Construction equipment manufacturer Caterpillar is making its way back into the offshore renminbi market as it seeks to raise Rmb1bn ($161m) from a three year note in order to refinance its existing CNH debt.

The first phase of the China International Payment System (CIPS) will be completed before the end of 2015 in Shanghai, adding a vital new piece of infrastructure to the RMB internationalisation process.

Jupai Holdings, which provides wealth management services to high-net-worth clients in China, is seeking riches from the US, having filed for a $100m IPO on the New York Stock Exchange.

The slump in the equity market saw slightly better receiving in the 5-10 year area of the CNY swap curve on Tuesday. Front-end swap rates have been resisting strong downward pressure amid concerns over liquidity pressure. 1s/5s is flatter and dealers expect further flattening momentum there, writes Deirdre Yeung.

BSREP India Office Holdings, an associate of asset manager Brookfield Strategic Real Estate Partners, is seeking a $220m three year loan for acquisitions.

Fitch followed up last week’s default from Cimento Tupi with a report warning that refinancing risk is “elevated” for Latin American corporates rated single-B or below that have bonds of under $400m outstanding.