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South African media group Naspers has finished amending and extending a $2.25bn five year loan and has added another $250m to the deal size, taking it to $2.5bn.

Cameroon has released price guidance at 9.75% area for an amortising dollar benchmark, lining it up to be one of the highest yielding CEEMEA sovereign bonds of the year.

Jindal Steel & Power and Tata Steel are seeking covenant waivers on their respective offshore loans, putting the spotlight on tough conditions facing their industry. India’s steel companies, which expanded rapidly over the past few years, are strapped with a heavy debt burden amid lower earnings, forcing them to restructure their existing fundraisings. Shruti Chaturvedi reports.

The Asia ex-Japan bond market sprung to life on November 12 with China Huarong Asset Management, China State Construction Engineering Corp and Beijing Properties opening books for dollar bonds, while Korea Housing Finance Corp (KHFC) opted for a covered bond and Malaysia’s Axiata Group, a sukuk.

ARA Asset Management is looking to raise around S$152m ($107m) from an 18-for-100 rights issue, as the firm looks for more flexibility to meet its funding needs.

Korean Air Lines is getting ready to hit the offshore bond market, having hired a bank and secured a guarantee from the Export-Import Bank of Korea (Kexim) for a hybrid deal.

The level of support that Brazilian iron ore pellet producer Samarco Mineraçao’s high profile shareholders provide the company could determine just how serious the effects of last week’s dam accident will be, said Fitch on Wednesday.

Interdealer broker Tullett Prebon has deepened its commitment to telephone trading by agreeing to buy the global hybrid voice broking and information business of ICAP.

Abide Financial, a UK based transaction reporting specialist, has applied to become a derivatives trade repository under European Market Infrastructure Regulation (EMIR) definitions.

Rheinmetall, the German car parts and ammunition maker, has raised €230m from an accelerated bookbuild representing a 9.99% increase in its share capital.

Alpha Bank has launched on November 11 a share sale to raise €1.66bn, as part of its €2.74bn capital strengthening plan, to address capital weakness discovered in recent EU stress tests.

German Startups Group Berlin, a company that invests in digital technology start-ups, was finally listed on the Frankfurt Stock Exchange on Wednesday, having previously tried, and failed, to float on that market.