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Kenya is offering to pay a margin 45bp higher than on its last loan, signed in 2012, as it syndicates a new $600m two year financing. The loan is drumming up strong interest.

Public sector borrowers are looking for opportunistic deals in niche currency medium term notes as the year draws to a close.

Mortgage Society of Finland (Suomen Hypoteekkiyhdistys) has mandated for what would be a debut senior unsecured issue in euros, as covered bonds dominated FIG primary activity on Monday.

Fitch has cut the credit rating of Pacific Exploration and Production (formerly Pacific Rubiales) by two notches from B+ to B- and placed the issuer on rating watch negative after the agency revised its oil price outlook.

Alfa Bank has mandated three banks for a senior dollar bond — only the second Russian financial institution bond this year — as the CEEMEA bond markets held stable after the terrorist attacks in Paris over the weekend.

UNV Digital Technologies has begun gauging investor appetite for its $150m IPO in Hong Kong, as the Bain Capital-backed firm gets ready to list.

Ukraine’s Privatbank has received approval from the High Court of England and Wales for a restructuring deal approved by holders of its subordinated Eurobonds.

The European Central Bank has identified a €1.4bn capital shortfall at Portugal's Novo Banco, but analysts say the results are positive for the bank’s bondholders.

Dali Foods Group Co priced its HK$8.87bn ($1.14bn) Hong Kong IPO close to the bottom of the range, as price sensitive investors called the shots.

FirstRand Bank was due to complete a $225m loan this week and bankers predict that more South African banks will come to the market regularly with smaller deals.

The Republic of Cameroon’s $750m 9.75% amortising dollar 2025s were bid around a point lower than reoffer on Monday morning, as lead managers Société Générale and Standard Chartered Bank released book statistics for the trade.

Wenzhou Kangning Hospital priced its Hong Kong IPO at the top of guidance on November 13, leaving investors breathless as they flooded the HK$681m ($88m) deal with orders worth billions of dollars.