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Austrian oil and gas company OMV emerged on Monday with a dual tranche hybrid bond that had been promised since August, but a broader revival for the product may have to wait until next year.

Ford Motor Credit (FMC) made a rare appearance in the Australian dollar market on Thursday with a three year bond, as borrowers more familiar with the market hope for a stunning run of primary activity next year. Luka Dimitrov reports.

Morgan Stanley is losing Kay Haigh, the global head of emerging markets within its FXEM business, as 30% of the team is rumoured to be being cut. However, a senior hire in the business is also being made — James Brown from Deutsche Bank.

Armacell, the German foam insulation manufacturer, is planning loan facilities for its €960m buyout by Blackstone and Kirkbi, a Danish investment firm.

ISS Global, the Danish cleaning and facility services company, on Monday raised a €500m no-grow bond, its second since winning investment grade status last year.

Heineken has been making up for lost time in public debt markets, issuing its second bond of the year on Tuesday, after being absent since 2013.

Philippine property developer DM Wenceslao and Associates, which was expected to open books for its IPO of around Ps10.73bn ($227m) this week, has pulled the plug on the transaction until next year.

CRCC High-Tech Equipment Corp and Modern Dental Group have launched their respective Hong Kong listings to much fanfare as issuers capture the last few opportunities to sell IPOs.

A $1.5bn refinancing for Tata Steel has finally been opened into syndication, with invitations going out to a limited number of banks on Thursday. The company’s Singaporean subsidiary is raising the loan, which offers lenders an added incentive if they book the deal in the country.

Shares in Edag Engineering Group, the German car engineering company, rose 16% on Wednesday when they began trading in Frankfurt after the company’s €166.25m IPO.

Investors showed enduring appetite for insurance capital on Wednesday as Scor found more than €2bn of demand for the second French deal in as many days.

Kuwait petrochemicals firm Equate is scheduled to complete syndication of $6bn of loans this week.