Sumitomo Mitsui Financial Group

Garanti has taken the first step to refinance its second loan of the year, with tranches of up to $1.5bn and €1.5bn.

AAA Oils and Fats, a trading subsidiary of palm oil processor and distributor Apical Group, is in the market for a loan of up to $130m.

Tata Chemicals has picked banks for a new £200m ($303.5m) refinancing, hitting the market after a hiatus of nearly two years.

A $550m three tranche borrowing for Bank Rakyat Indonesia (BRI) has launched into general syndication, but not all the mandated lead arrangers and bookrunners are looking to sell down.

Commodities trader Trafigura has seen big success with its syndicated loan, bumping up its fundraising to $2.2bn from the launch size of $1.6bn.

Japan’s debt market is not often known for its structural diversity, but a smattering of bank capital deals over the past year-and-a-half have provided a rare treat for yield-starved investors. There is little reason, though, to think supply will approach the level local investors would like for a long time to come. Matthew Thomas reports.

Indian conglomerate Reliance Industries has opened its $1.47bn dual-currency loan into general syndication, with four participation levels available to lenders.

The Reserve Bank of India has proposed a new framework that eases rules for borrowers raising external debt, five months after the government released a report that recommended overhauling and liberalising the existing system.

Coal miner Adaro Energy Indonesia has initiated talks with its relationship banks for a loan to refinance existing debt, with a request for proposals expected soon.

Indian conglomerate Reliance Industries has picked a big group of banks for refinancing a $1.5bn loan raised three years ago.

Commodities trader Mercuria is back in the market for its annual refinancing, launching a $900m triple tranche revolver into general syndication late last week.

Indonesian car rental service provider, Indorent, has picked four banks to helm a $100m offshore loan with general syndication expected after mid-October.