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Brazilian cement company Votorantim Cimentos has pencilled in the pricing of a seven year euro benchmark bond for Thursday, the day after it finishes a European roadshow.

The owner of Jose Cuervo tequila has announced initial price thoughts of 200bp over US Treasuries for a 10 year debut 144A/Reg S deal of $500m, according to a banker working on the deal.

Hungary is busy positioning itself as the first potential offshore renminbi hub in Central and Eastern Europe. Its central bank, Magyar Nemzeti Bank (MNB), launched an RMB initiative earlier this year to push Budapest's credentials and Daniel Palotai, the bank's executive director for monetary policy, spoke to GlobalRMB about the bank’s plans.

Bondholders who showed faith in Colombia’s largest private oil company Pacific Rubiales could be spectacularly rewarded after reports emerged that minority shareholder Grupo Alfa had bid to acquire the firm.

Tighter liquidity conditions in China pushed short CNY rates higher on Tuesday and the belly of the swap curve was better bid. The 1s/10s NDIRS slope is approaching a key resistance level, triggering talk of corrective flattening, writes Deirdre Yeung of Total Derivatives.

Société Générale Prime Services has begun executing and clearing non-deliverable forwards through a central counterparty, to allow users to gain margin efficiency and risk protection.

Banks and derivatives market participants that outsource their IT requirements should select vendors who differentiate themselves from competition, play to their strengths, and who will look to the future, according to one market intelligence chief.

The board of Euronext NV has appointed an interim CEO following Dominique Cerutti’s resignation announcement on April 22.

Windeln.de, the German online baby products seller, and Cellnex, the Spanish telecoms tower business, were on Tuesday evening finalising their IPO prices and allocations.

ABG Sundal Collier and Goldman Sachs launched on Tuesday evening the first block trade in XXL shares since the Norwegian sports retailer floated in October.

Total Maroc, the third biggest petrol distributor in Morocco and a subsidiary of French oil company Total, plans to float on the Casablanca Stock Exchange, raising $62m to $73m for a 15% stake in the business.

The privatisation of Slovak Telekom is reaching its climax, with a covered message published this morning and refined price guidance expected tonight or tomorrow morning.