Bank of America

Ten banks participated on Wednesday in an auction to determine settlement prices for credit default swaps on Norske Skog, the Norwegian publishing paper manufacturer, after it triggered a restructuring credit event in April.

Despite Italian bank stocks being badly out of favour, Banco Popolare has achieved 99.4% subscription for its €996m rights issue, leaving only a tiny rump to be placed in the coming days. But Veneto Banca's IPO is likely to fail, leaving the bank in the arms of Fondo Atlante.

ING Bank Turkey has signed a 367 day loan facility with a group of 26 lenders, joining Turk Eximbank and TSKB in issuing loans.

Chinese brokerage Everbright Securities Co is once again looking to join its many peers on the road to floating in Hong Kong, having refiled its application for a listing.

Chinese investors are propping up most of China Development Bank Financial Leasing Co’s HK$7.6bn ($979.3m) listing, which launched on Tuesday with nearly 80% of the offer covered by mainland cornerstone investors.

Bank of America Merrill Lynch has rejigged its debt capital markets team in Asia Pacific, creating a new debt solutions unit.

China Development Bank Financial Leasing Co has finalised the marketing price range for its listing, which would raise HK$7.6bn ($979.5m) at the top end, and has signed up cornerstone investors to take up nearly 80% of the float, according to a source close to the deal.

Chinese sportswear maker 361 Degrees has announced a tender offer to repurchase offshore renminbi-denominated notes issued in 2014.

More than three quarters of Brazilian industrial conglomerate Cosan’s bondholders agreed to sell their bonds in the early bird phase of a tender offer.

The €1bn IPO and highly dilutive capital increase of Veneto Banca is thought likely by bankers involved to be bought in its entirety by Fondo Atlante, as happened to the similar €1.5bn deal for Banca Popolare di Vicenza at the beginning of May.

Cobham, the UK aerospace and marine technology company, has successfully completed its £500m rights issue, which ended with a £22m rump placement this morning.

State Bank of India has allocated its latest $500m borrowing, finding demand from eight new lenders during syndication.