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Fitch upgraded Mexican auto parts supplier Tenedora Nemak from BB to BB+ on Wednesday, bringing the issuer up to the highest level of sub-investment grade with all three major rating agencies.

Nomura has made six hires to its investment bank, including for the position of head of equity capital markets in the Americas.

Alpha Bank and Eurobank closed bookbuilding for their capital raisings on Tuesday evening, having secured enough demand from investors to completely fill their capital holes, without any need for public funds.

Lonmin's $407m rescue rights issue passed its first hurdle on Thursday (November 19), when shareholders voted strongly to approve the deal. Lonmin's shares fell 2.6%, but that was mild by recent standards.

Bankers and investors on Wednesday said the failure of Veritas Technologies' $2.5bn bond deal — which was pulled along with an accompanying $3.3bn loan package on Tuesday — showed evidence of familiar weaknesses and errors in the European high yield market.

The European Stability Mechanism is requesting proposals for a bond issue in its deal window next week — but some SSA bankers said the small size required meant it would be a good deal for syndicate banks to miss.

Cores, the agency which stocks Spain’s fuel supplies, printed its first syndicated bond in over a year on Wednesday. French investors propelled the international demand for the paper.

Intercontinental Exchange launched a Singaporean trading and clearing platform with ICE Futures Singapore and ICE Clear Singapore on Tuesday.

Markit on Wednesday launched a new netting synchronisation service for cleared over-the-counter (OTC) derivatives.

British American Tobacco has offered the sterling market its second long dated bond in as many days, a £350m 40 year tranche as part of a €1.1bn offering.

Groupe SEB, the unrated French domestic appliances manufacturer, pulled in a €2.5bn order book for a €500m no-grow bond on Wednesday.

International Bank of Qatar (IBQ) opened books on a five year conventional debut deal on Wednesday morning as the Middle East keeps primary market supply running.