Deutsche Bank

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.

eHi Car Services finally made its debut in the international bond market, raising $200m from a three year bullet on Tuesday. After its first attempt at a deal failed in August, it decided to pay up this time to ensure success.

Modern Dental Group has opened books for its HK$1.23bn ($158.71m) IPO in Hong Kong and plans to woo institutional investors by placing only a small portion of the trade with one cornerstone investor.

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

It has been a stressful time to bring IPOs to market recently, and a good many have failed. But the signs are that 2016 will begin with investors cash-rich and ready to listen to new deal stories.

Armacell, the German foam insulation manufacturer, has planned loan facilities for its buyout by Blackstone and Kirkbi, a Danish investment firm.

The Republic of Indonesia has returned to the dollar bond market for the third time this year for an up to $4bn deal, while eHi Car Services and Golden Wheel Tiandi Holdings are attracting high yield bids.