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Renaissance Securities is buying back $39.9m of the outstanding $146m of Renaissance Credit’s 7.75% 2016 bonds.

Kuwait petrochemicals firm Equate is scheduled to complete syndication of $6bn of loans this week.

A debt capital markets banker at Morgan Stanley has left to join Mizuho International, GlobalCapital understands.

Abu Dhabi based Gulf Marine Services (GMS) has signed a $620m loan refinancing and lowered the cost of the loans.

Lead bankers are finalising allocations for Kenya’s $600m sovereign loan and expect it to grow from its initial size.

Islandsbanki was set to price its long mandated senior deal on Wednesday, as investors revealed their willingness to put cash to work in bank deals at the beginning of the Christmas period.

All eyes are on the European Central Bank meeting on Thursday where it is widely anticipated that its president, Mario Draghi will announce an extension to quantitative easing.

The CEEMEA bond market is alive with deals, but the notes hitting screens this week look set to be some of the last from the region before investors close their books for the year.

China Tian Lun Gas Holdings has increased the size of its loan to $250m from the launch size of $150m as strong demand from banks led to an oversubscription.

The Securities and Exchange Board of India (Sebi) is planning to update its guidelines for issuing convertible securities, with the regulator launching a public consultation on Tuesday. The move has been welcomed by market participants.

The investment grade corporate bond market is rolling on with enough steam to run right up until Christmas. Hybrid, sterling and sub-benchmark trades have all found homes with investors this week.

China Energy Engineering Corp is guiding investors toward the lower half of the indicative range of its HK$15.22bn ($1.96bn) IPO in Hong Kong as bookbuilding headed to a close on Wednesday.