JP Morgan

Holders of $750m of Ukrainian poultry producer, MHP’s debt have refused to accept amendments to the bond which would prevent a covenant breach.

All but one of the banks that underwrote Saipem’s €3.5bn rights issue, and were left holding €427m of the Italian oil and gas engineering group’s stock, are selling down their stakes tonight.

The Bank of England has printed $2bn of three year paper from a heavily oversubscribed book, as fears of a UK exit from the European Union showed no impact on the central bank’s bonds.

Senvion, the German wind turbine maker, has set the price range for its Frankfurt initial public offering at a level that implies a heavy discount to its main listed peers.

Public sector borrowers from the eurozone periphery are preparing a flurry of issuance in the next few days, with one still smarting from a change to its rating outlook late last week.

International Flavors & Fragrances was the only corporate issuer in the euro bond market on Monday as the US company made its debut offering in the currency.

Bank Nederlandse Gemeenten is this week set to be only the second issuer in 2016 to attempt a 10 year dollar benchmark, while a trio of other SSAs are also entering a dollar market bouncing from strong US jobs data on March 4.

Kuwait Projects Company (Kipco) will open books on a seven year bond after completing investor meetings on Monday.

Covestro, the German polymer manufacturing business spun off by Bayer last year, made its first bond issue on Thursday, raising €1.5bn in three tranches.

South Korea’s Shinhan Bank has mandated five banks for its bank capital debut in the international bond market.

Netmarble, the South Korean computer and mobile game developer, has mandated two international and two local firms for an IPO that could raise as much as W2tr ($1.6bn) this year.

Two Turkish bond deals this week were seen as a welcome treat for investors starved of recent supply from the country, and more is still in the pipeline.