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The Ministry of Finance of Ukraine has bowed to its creditors’ request for more time in preparing a revised restructuring offer. The two sides will now meet early next week, but analysts believe the chance of Ukraine imposing a debt moratorium are increasing.

Spain raised just shy of its maximum target at auction on Thursday, as polls this week in Spain suggested support is declining for anti-austerity party Podemos ahead of elections later this year.

Amdipharm Mercury, the UK generic pharmaceuticals company also known as AMCo, has allocated a €603.2m loan that raises new money and reprices existing facilities.

Research firm CreditSights on Thursday said in its latest report about the European high yield market that issuance figures in the last two weeks of July were lifted to record levels by acquisition funding deals.

Development Bank of the Philippines (DBP) is said to have chosen three lenders to arrange its financing of up to $300m.

ICICI Bank had a fantastic outcome to its first US dollar issuance of the year, raising $500m this week with no new issue concession and even getting the seal of approval from bankers away from the deal.

Weapons manufacturer LIG Nex1 has released indicative pricing for its upcoming IPO next month. Even if pricing comes at the bottom, the transaction will still take the title of the largest Korean IPO of the year.

Abbey National launched a minimum €250m reopening of a 2019 floating rate note on Thursday, looking to bring the size of an original €500m deal above €1bn after a series of taps last year.

Investors swarmed all over Royal Bank of Scotland’s first offering of additional tier one (AT1) paper on Wednesday, which had some bankers recalling the early days of the product.

The Ministry of Finance of Ukraine has catered to its creditors’ request for more time in preparing a revised restructuring offer. The two sides will now meet early next week, but analysts believe the chance of Ukraine imposing a debt moratorium are increasing.

Caribbean financial services firm Sagicor’s new 2022s traded up three points in a tough market on Wednesday as the sensation grew that the hard-to-compare credit had priced at a very attractive level for investors on Tuesday.

A $480m fundraising for notebook maker Inventec Corp has launched into syndication, with one bank co-ordinating. A group of 17 banks is interested in the deal.