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  • Spain’s Ferrovial has sold a Z255m ($65m) chunk of its majority stake in Budimex, the Polish infrastructure construction company, via an accelerated bookbuild.
  • CEE
    The Republic of Albania won a €3bn book for its bond market return on Tuesday, whittling down pricing to a yield of 3.625% for its seven-year deal.
  • Belle International is selling a block of shares in its sportswear subsidiary, Topsports International Holdings, according to a term sheet seen by GlobalCapital Asia.
  • Simon Eedle has been named senior country manager for the UK at Natixis’s corporate and investment bank. Barbara Riccardi steps into his old position as regional head for the Middle East.
  • Hong Kong’s renowned activist investor David Webb revealed this week that he has been diagnosed with cancer and will be taking a step back from his regular critiquing of governance and regulation in the city.
  • UPL Corp broke a month-long absence of Indian issuers in the international debt market, raising $500m from investors.