Europe

Russian companies are now allowed to list depository receipts in Hong Kong, according to an announcement from the city’s stock exchange.

Indian lender Yes Bank signed a memorandum of understanding with the London Stock Exchange (LSE) on Tuesday to develop bond and equity issuance that focus on green infrastructure finance.

SIF, a Dutch maker of components for the offshore wind, oil and gas markets, announced on Tuesday its intention to float, and began an investor education phase that will focus heavily on wind rather than oil.

Deutsche Bank is set to lose the head of its European investment grade credit trading business.

Rocket Internet has raised a $420m unlisted fund that will invest in its portfolio companies — an innovative funding mechanism arranged by Goldman Sachs.

The ECB can’t risk large disruptions in the European capital markets it is trying to support, nor paranoid doom spirals in the banks it supervises. So it needs care when and how it communicates with the market.

Russian mining company Norilsk Nickel is “completely pre-funded” for the next two years, its head of corporate finance told GlobalCapital.

Best In Parking, the unrated Austrian parking facilities developer, has hired two banks to arrange its inaugural bond transaction.

Slovenia is considering a buyback of its dollar bonds in order to reduce its exposure in the currency.

Lithuania plans to stay out of what has been a tough opening for central and eastern European sovereigns, as many of the issuers — now considered to be SSAs — suffer a problem many of their western European peers have been dealing with for a year.

Hungary is planning a €1bn bond this year, but is also still looking for a window in the near future in which to issue a dim sum transaction.

Serbia is planning to fund the bulk of its funding needs through the domestic market, a funding official from the country’s finance ministry has said.