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State Savings Bank of Ukraine (Oschadbank) has finished exchanging its 2016 and 2018 Eurobonds into new 2023 and 2025 notes.

The African Development Bank (AfDB) will welcome two new sovereigns — Botswana and Namibia — into its local currency sovereign bond index later this year.

Ontario Teachers' Pension Plan is selling a Dkr2.5bn (€335m) block of shares in ISS, the Danish cleaning and facility services company, on Wednesday night, in the first accelerated bookbuild of European shares so far this week.

The Canadian state of Quebec has delayed the implementation of a new rule that would require registration for foreign brokers trading derivatives for investors located there.

The European high yield market has a good chance of avoiding contagion from the wider swing away from risk in financial markets, according to investment strategists at Deutsche Bank.

Municipality Finance brought the first dollar benchmark since a big sell-off in Chinese equities on August 24 sparked volatility in global equity and credit markets, roiling issuance conditions for public sector borrowers in dollars.

Toyota Motor Credit Corp enjoyed a warm reception in the euro market on Tuesday, receiving over €6bn of orders for a dual tranche deal, with a short dated FRN proving particularly popular with investors.

European Investment Bank has added further evidence of the euro market’s growing strength over dollars — but its deal was still at the lower end of Earn size expectations despite a decent new issue premium.

Portugal attracted more than €5.5bn of demand for the first syndicated deal from a peripheral sovereign since mid-June on Wednesday.

Two French borrowers took advantage of a resurgent corporate bond market on Wednesday, with electrical components manufacturer Schneider Electric and real estate company Icade selling euro debt.

Ardian, the French investment firm formerly known as Axa Private Equity, has opened a new office in Madrid to reinforce its relationships with corporations and clients in Spain.

Cigarette maker Philip Morris flagged off pre-deal investor education for an up to Rph26.70tr ($1.92bn) follow-on transaction in its Indonesian subsidiary HM Sampoerna on September 2, with the process set to run for two weeks.