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Global construction equipment maker Doosan Bobcat is looking to file for approval for its South Korea IPO by July and could list two months later, a source with knowledge of the situation told GlobalCapital Asia.

The Indian government kicked off the sell-down of 11% of its stake in hydropower producer NHPC on Wednesday, with the two-day bookbuild expected to add Rp27.2bn ($408.4m) to the state’s coffers.

The European Stability Mechanism rode the crest of a wave of demand for duration on Tuesday to complete its remaining funding needs for the second quarter, as Unédic looked to hit a shorter maturity.

The UK’s Debt Management Office sold a £4.75bn tap of its July 2065s on Tuesday as the impending referendum on the UK’s membership of the European Union showed no impact on demand.

Funke Mediengruppe, the German media group, has agreed an extension to its loan facilities, in one of the few amend-and-extend operations so far in 2016.

China Petroleum & Chemical Corp (Sinopec) fetched $3bn from a multi-tranche dollar deal on Monday that saw a 30 note added mid-way due to reverse enquiry. But unlike its last outing, the oil and gas giant kept the size relatively small in favour of tight pricing.

Tianjin Rail Transit Group (TRT) is set to sound out offshore debt investors for its debut international bond and has mandated banks for the deal.

Bank of the Philippine Islands (BPI) has opened its $250m three year debut syndicated loan to retail lenders after expanding the mandated lead arranger and bookrunner group.

The European Stability Mechanism is set to fill a gap in its maturity curve on Tuesday with its first ever 15 year euro benchmark, while other issuers are expected to follow the supranational with deals in the currency.

The corporate bond market hosted its second zero coupon deal of the year on Monday, courtesy of Unilever, as the UK-Dutch consumer goods company printed €1.5bn across three tranches of bonds.

Finland is to tap £100m of its December 2020s amid signs of confidence in the sterling market as the risk of a British exit from the European Union falls.

Taghleef, the Dubai-based food packaging film maker owned by Al Ghurair Group, has tightened pricing on its €285m-equivalent seven year term loan ‘B’ to a margin of 450bp, offered at 99.