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Colombia’s second largest telecoms company ColTel announced initial price thoughts of mid to high 8% for a perpetual non-call five hybrid bond on Tuesday, as Monday’s deal from its 30% shareholder — the Colombian government — traded up.

Puma International Financing is raising a $725m multiple tranche loan for refinancing and general corporate purposes. A diverse set of banks have formed the top level group, with lenders from Australia, the Middle East, China, Europe and South Africa in lead roles.

HSBC published on March 24 its yearly RMB internationalisation report. Among its key findings were the fact that usage of RMB dropped by a fifth, to 17% of respondents, although nearly a quarter of surveyed executives are considering using it in future.

Canada officially launched its renminbi settlement hub this week, after the country became the first RMB hub in the Americas in November last year.

London Central Portfolio (LCP), a UK-based fund and asset manager, is seeking to raise £100m for its second London focused Shariah compliant real estate fund.

Ras Al-Khaimah drew praise from bankers on and off the deal for a $1bn 10 year sukuk that it priced on Tuesday.

Indonesian airline Garuda has signed a one year $100m bridge loan musharaka facility with Bank Internasional Indonesia (BII), and is planning a benchmark dollar sukuk.

Emirates Airlines has built an orderbook of at least $3bn for its UK Export Finance guaranteed sukuk, which is bringing new buyers into the Islamic bond market, said bankers on the deal.

Active trading on central limit order books needs larger liquidity providers and better incentives for more dealers and buyside firms to actively participate, say market participants.

The Moscow Exchange is overhauling its settlement period for Russian federal government bond (OFZ) derivatives by focusing on the automatic delivery of traded contracts.

Market Tech Holdings, the company that owns London’s Camden Markets and floated for £100m on Aim in December, raised £112.5m to finance recent acquisitions on Tuesday, with a convertible bond.

Aabar Investments, the Abu Dhabi investment group, raised €2bn with its second exchangeable bond on Tuesday, to repay a €1.25bn exchangeable into Daimler shares it issued in 2011.