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Altice is back in the European loan market, but for once not with an extravagant M&A financing. This month, Patrick Drahi’s telecoms group is seeking to refinance debt under its revolving credit facilities.

CVC Capital Partners took another swift step towards its exit of Evonik Industries on Monday night, pouncing after the German chemical company’s shares had hit an all time high to sell a block of shares for €519m, in a deal that was increased.

The People’s Bank of China (PBoC) on July 14 increased the access that foreign central banks, supranationals and sovereign wealth funds have to China’s interbank market, in a move that has been seen as a big step in the promotion of RMB internationalisation.

Paris-based financial institutions, together with the local renminbi clearing bank, Bank of China Paris branch (BoC Paris), have launched a local CNH indicative rate to help drive SME demand for the currency, GlobalRMB has learned. The pricing arrangement, which is not yet a real benchmark, is aiming to create a more liquid CNH market in the Paris financial hub.

Kazakhstan opened books on a dual tranche dollar bond on Tuesday morning, and is looking for at least $2bn, according to a source close to the deal. Debt bankers away from the bond felt confident size would not be an issue, but were divided over whether the start point was appropriate or very cheap.

Expanding Swedish pharmaceutical company Recipharm has signed a Skr1.5bn ($176m) term loan with three relationship banks.

South African firm Naspers opted for a 10 year tenor for its first deal in two years. Debt bankers away from the deal applauded the decision, but could not agree on the premium the deal offered.

FIG borrowers are set to shun the conventional Bastille Day start to summer and print through July, but many are waiting for a guinea pig trade to test investors’ new issue premium demands.

Eesti Energia, the Estonian energy company, has refinanced three bilateral credit facilities and cancelled one loan, following the firm’s downgrade by Standard & Poor's in June.

Turk Eximbank will complete its refinancing of €350m of loans today (Tuesday) and will hold a signing ceremony in London at lunchtime.

Sinochem Hong Kong has wound up its $500m bullet with a syndicate of 28 lenders, including 24 that came in during general. What some market participants had called thin pricing did not prevent oversubscription, signalling that three year liquidity is readily available to top tier China names at all-ins of below 120bp.

NagaCorp, which runs the only licensed casino in Cambodia's capital, Phnom Penh, is said to be sounding out the market for a borrowing of around $300m to fund its expansion in Cambodia.