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The Republic of Korea has mandated two banks for a credit update with bond investors in London next week.

Central China Securities has rejigged the bookrunning group for its planned H-share private placement, with plans to hit the market at a time when brokerage stock is in high demand.

Garuda Indonesia ventured into the international market on a busy May 27 with a dollar offering in sukuk format. The borrower is up against an Islamic bond offering from Hong Kong but opted to go ahead after strong feedback in investor meetings.

Europe’s corporate bond market has been a more unpredictable place since the backlash against extreme interest rate reduction began a couple of months ago – but demand is still brisk and issuance is lively.

A large block of shares in NN Group, the former insurance arm of ING, and a smaller but still significant block in SSP, the UK travel catering company, began the week’s equity issuance in Europe following what was, in some countries, a three day weekend. Both trades went well, despite Tuesday having been a soft day for markets.

The renminbi has strengthened its position as the top currency used in Asia-Pacific business with Greater China, accounting for a 31% share compared to 7% in April 2012, according to the latest data released by Swift.

One of the most hotly anticipated deals out of Asia this year has finally gone live with Hong Kong opening books to a five year dollar sukuk on May 27. Pricing is unsurprisingly tight for one of the highest rated issuers in the region although marker observers say focus should also be on the deal’s asset light wakala structure.

Chinese biotech firm 3SBio has bagged $150m from some heavyweight cornerstone investors including GIC and BlackRock ahead of launching its HK$5.51bn ($712m) Hong Kong IPO, putting the company’s second flotation on a very strong footing.

Société Générale joined a select club of non-Chinese banks to sell a Basel III bond in offshore renminbi (CNH) on May 26. The French lender achieved both its cost saving and diversification goals with the 10 year non-call five tier two bond.

Latin America’s largest airline group is planning to return to the bond markets for the second time this year looking to refinance debt issued by its Brazilian arm Tam while it was still an independent airline.

China Hengshi Foundation Co, a manufacturer of fibreglass fabrics used in wind turbine blades, has filed its draft prospectus to list in Hong Kong in a deal led by sole sponsor Morgan Stanley.

Lower rated property developers from China are firmly back on the menu for fixed income investors with Fantasia Holdings Group the latest to try its luck on May 27.