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Singapore based real estate company Frasers Centrepoint has priced a S$700m ($513.4m) subordinated non call five perpetual bond. The deal, which saw huge investor demand, is the biggest Singapore dollar deal to hit market this year.

India’s union budget announcement over the weekend was bittersweet for ECM bankers hoping for positive changes to tax rules for real estate investment trusts (Reits) and infrastructure investment trusts (InvITs). While the government delivered some much-needed clarity on some aspects of the tax regime, big gaps still remain with the stage not yet set to welcome the country’s first Reits.

Malaysia has shortlisted banks for its return the international sukuk market after four years away, and bankers expect it to announce the final mandate soon, according GlobalCapital Asia's sister publication, the Islamic Finance Information Service.

Times Property Holdings took advantage of an improving market backdrop for the Chinese real estate sector to print a bigger than expected $280m five year non call three bond on March 2.

Syndicated loans bankers have welcomed India’s 2015 budget, saying it set the stage for long term growth in the country. However, frustration remains that more was not done to tackle the problems dogging the country’s infrastructure sector.

Golden Throat Holdings Group Company is planning a Hong Kong IPO this year, with the Chinese lozenges manufacturer having filed a preliminary prospectus with the regulator.

India’s GMR Infrastructure, which at the end of last year sought approval from the country’s regulator to raise new equity, has now firmed up terms for its three-for-14 rights offering, which will see it raise a chunky Rp14.02bn ($227m).

Telecoms giant América Móvil is likely to tap reopen its existing títulos de crédito extranjero due 2024, according to Moody’s. The company completed investor meetings discussing a potential peso-denominated issue on Friday and could issue as soon as this week, according to bankers close to the trade.

Fitch downgraded Colombia’s largest private oil company Pacific Rubiales by one notch to BB and placed the rating on negative outlook on Monday. Prices in the company's bonds fell but bond traders said movement was minimal.

As the first Thai bank enters the offshore RMB bond market, Thai regulators are keen to attract Chinese corporates to its capital markets.

Mitsubishi UFJ Lease & Finance Company printed its first dollar bond of the year on Monday, managing to price it flat to the existing dollar curve due to strong demand.

Hindustan Petroleum Corp’s (HPCL) $400m 39 month facility has entered general syndication. The deal is being led by seven banks that will prefund the money this month.