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Biotie Therapies raised €83.3m in the first half of the year from the issue of convertible notes and from an initial public offering in the US, the company said on Thursday.

The slide in the oil price this year is prompting several oil producing sovereigns, including Iraq, to rethink and bring forward their plans in the capital markets. Francesca Young reports.

An Iraq sovereign bond deal looms ever closer, but is not expected to open the floodgates for bonds from other entities from the region.

Equistone Partners Europe has acquired a majority stake in TriStyle Mode, the German women’s fashion group, with funding from a club of five banks.

Matrimony.com, a provider of online matchmaking services in India, has filed for a listing to raise Rp3.5bn ($53.7m) in new equity, and appointed Citi, Deutsche Bank and Kotak Mahindra Capital as its lead banks.

Jiangxi Jiangling Chassis Co has opened books on Singapore’s first Mainboard IPO of the year, launching an S$49m ($35m) deal on Thursday. But with Chinese shares teetering on the edge this week, bankers are foreseeing a bumpy ride during bookbuilding.

Spain’s 10 year borrowing costs dipped below 2% on Thursday for the first time since May, as the sovereign approached the three quarter mark on its funding schedule for 2015.

Wealth manager, London & Capital (L&C) has launched a new emerging markets UCITS fund, the firm announced on Thursday.

Banco ABC Brasil, a subsidiary of Arab Banking Corp (Bank ABC), has closed syndication for its $150m two year loan, increasing the deal to $200m.

International Container Terminal Services (ICTSI) provided a breath of fresh air to Asia’s bond market with its $450m perpetual deal. The lack of issuance this year from Philippine borrowers worked in the company’s favour, but SMC Global Power Holdings Corp’s quick follow-up had to endure a turn of sentiment in the market.

Additional tier one volume in Q2 2015 fell more than $20bn on the previous quarter after Greece and China-related volatility kept issuers at a distance. But as issuance resumes, analysts estimate there is plenty more to come.

The Securities and Exchange Board of India (Sebi) has paved the way for the listing of start-ups by firming up rules governing their IPOs, in a move that could change the landscape of the country’s equity capital markets.