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Indian company JSW Steel, which hit the syndicated loan market in November 2014 for a $250m five year bullet, has attracted commitments from four lenders in general syndication. One more bank is due to come on board soon.

The Singapore Exchange will add new FX futures contracts on the Taiwanese dollar, offshore and onshore renminbi crosses aiming to encourage trading on electronic trading platforms and exchanges in line with global G20 reforms for the over-the-counter derivatives markets.

Average CNH bond yields have risen almost 60bp over the last three months and the renminbi has depreciated against the dollar by 2% over the same period. But HSBC analysts say in their latest report tracking the market that a meaningful recovery in dim sum bonds will only happen once the currency has finally hit its short term trough.

Overall interest rate derivatives trading that was reported to swap data repositories last week increased by 14% from the previous week, according to data from the International Swaps and Derivatives Association.

Mitra Keluarga Karyasehat has priced Indonesia’s largest IPO since 2011, raising Rph4.45tr ($338m) in a deal that saw investors pile in to get their hands on the hospital operator’s stock.

Singapore-headquartered real estate company Perennial Real Estate has raised S$100m ($72.4m) from its debut bond issue. The deal, which was not heavily oversubscribed, highlights Singapore dollar investors' preference for more familiar names, say bankers.

Dave Sandor, a member of Morgan Stanley’s ECM team who focused on equity-linked products, has left. The firm has no immediate plans to replace him.

Filipino lender Metropolitan Bank will raise Ps32bn ($727.98m) in its largest follow-on with a rights issue to be launched later this month.

Just one month on from pricing the year’s first bond from a Chinese developer, Shimao Property Holdings has returned to tap its 2022s for up to $300m, encouraged by the bonds strong secondary market trading.

India’s Adlabs Entertainment has opened books for its Rp4.7bn ($75m) domestic IPO, with sentiment positive thanks to five anchor investors that have already signed up for a small portion of the shares on sale. But although investors like the consumer story offered by the theme park operator, the small deal size and the low liquidity means it will not appeal to everyone, say bankers.

Three Latin America sovereigns are considering dollar issues in the next few days although a poor start to the week's trading may cause delay.

Sharjah Islamic Bank (SIB) on Tuesday offered sukuk buyers their first chance at fresh senior unsecured financial supply this year.