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  • IMCD Group, the Dutch speciality chemicals firm, has amended and extended its existing loan facilities to achieve the financial flexibility that may enable it to pursue acquisitions in the future.
  • Apax is acquiring a majority stake in FullBeauty Brands, the US plus-size fashion retailer, and has obtained the commitment of four banks to the deal’s debt financing.
  • Abdulla Ali has joined Abu Dhabi Islamic Bank (ADIB) as head of agency, corporate finance and investment banking.
  • FIG
    Pohjola Bank changed direction to issue tier two debt in Swedish kronor on Tuesday, after being kept out of the euro market in the second quarter.
  • After the uneasy calm that fell over equity markets following China’s devaluation of the renmimbi last week, investors got another rude shock on Tuesday when Shanghai stocks tumbled 6.2%, prompting bankers to mull over the possibility of pulled deals.
  • British satellite data communications company Avanti on Tuesday tapped its $370m debut bond sold in 2013 for an additional $125m.
  • Canadian investors are not being put off by China's recent equity and currency volatility. CI Investment, the first Canada-based firm to have obtained a Renminbi Qualified Foreign Institutional Investor (RQFII) licence, has told GlobalRMB that the China is still attractive to those wanting to increase their international exposure.
  • Kuwaiti financial Burgan Bank has receive approval to buy back $400m and KD100m ($329.7m) in subordinated debt, which will no longer count as capital under Basel III regulation.
  • Mizuho has hired a corporate bond banker from Citi to join its London syndicate desk, but on his first day, the Japanese bank was forced to decamp to its Leatherhead disaster recovery site following a fire in the basement.
  • Tiphone Mobile Indonesia has hit the market for a dual currency financing of $184m, with four mandated lead arrangers and bookrunners. The leads have gone out to a limited number of banks for syndication.
  • The People's Bank of China (PBoC) injected a wave of cash into the Chinese financial system on Tuesday but short swaps remain bid on concerns about further yuan weakness. With the weak economic outlook expected to support receiving from the five year sector, sources predict more curve flattening momentum, writes Deirdre Yeung of Total Derivatives.
  • Video surveillance solutions provider UNV Digital Technologies filed for a Hong Kong IPO on August 17 with listing tentatively scheduled for the next two to three months.