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Massimo Zanetti Beverage Group, the Italian coffee company, priced its IPO at the bottom end of the range early in the morning on Friday May 29, after a bookbuild that was slow but achieved a good result, according to a banker on the deal.

The International Swaps and Derivatives Association has declined to answer a question to its determinations committee about whether to declare a credit event on Grohe, the German bathroom fittings maker.

Nexans, the French cable manufacturer, became on Friday the first double-B rated issuer to pull a European high yield bond this year. It cited unfavourable pricing and volatility in the market.

The UK Debt Management Office is planning to launch a trio of syndicated Gilts — including a pair of index-linkers — during the summer, it announced on Friday.

Advanced Metallurgical Group, the US-based materials company headquartered and listed in Amsterdam, has signed a $320m loan and removed a covenant that caused difficulties for the company in the past.

Shanks, the unrated UK waste management company with large operations in Belgium and the Netherlands, is offering its first green bond, targeting retail investors in Belgium and Luxembourg.

BCA Marketplace, the UK used car vendor, has allocated a £375m post-IPO refinancing loan, after increasing the facility and cutting its margins.

Recent volatility in US and European bond markets has damaged capital flows into emerging markets. Although some analysts are expecting things to improve, the Institute of International Finance (IIF) expects capital flows into EM to hit their lowest level since the 2008 this year.

After an eye-catching surge of Formosa bond issuance from international issuers in the first few months of this year, Taiwan’s renminbi market has been cooling down since early April. Amid the dearth of issuance, local insurers have told GlobalRMB they would like to see RMB AT1 and tier two offerings come to Taiwan.

India's Rural Electrification Corp (REC) has wound up its $400m five year fundraising, with nine banks coming in during general syndication. Incoming lenders ended up with roughly 35% of their original commitments as the leads had limited sell-down targets.

Korea Exchange Bank is back in the market one year after paring down its holding in SK Hynix, and is this time looking to raise W101bn ($91m) from a similar sell-down.

Weak market conditions on Thursday found their first casualty in property developer Evergrande Group, which raised HK$4.65bn ($600m) via a top-up placement of shares that saw a severe shake-up in terms before wrapping up.