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Idea Bank, the Polish challenger bank, is expected to reduce today the size of its Warsaw initial public offering because investor demand for the deal failed to meet expectations.

Kenyan loans are in focus this week for the African market, with three government owned companies looking to arrange deals.

Taiwan’s TPK Holding raised $384m from a simultaneous convertible bond and placement of shares, this week, bringing welcome relief to the equity-linked drought in Asia ex-Japan. The overwhelming investor response and solid aftermarket performance proved there is a hunger for paper, writes Rashmi Kumar. But the market is only open for the right names at the right terms, bankers warned.

The deadline for proposal submissions on Ghana National Cocoa Board’s annual loan closed on Tuesday, with banks forming teams to compete for the deal.

Hong Kong-listed Brightoil Petroleum has pulled a HK$776.75m ($100.19m) block deal after launch, with the company saying the trade was not in its best interests.

Ooredoo, formerly known as Qatar Telecom, is wrapping up a $500m Shariah-compliant five year revolving credit facility, say bankers involved in the deal.

Hikma Pharmaceuticals is out with guidance for its debut offering. The bond will be the first senior unsecured offering from Jordan since 2010.

The post-Easter deal pipeline began to fill on Wednesday, with ING mandating banks to arrange investor meetings ahead of its debut additional tier one trade.

Steel-based goods manufacturer Voestalpine has signed a €900m loan consisting of a €600m revolving credit facility and a €300m term loan.

Indian fragrance maker S H Kelkar and Co has filed for a $100m IPO with the Securities and Exchange Board of India, and it could hit screens in the second half of the year.

Alok Industries’ $475m export performance bank guarantee-backed loan has netted another chunky commitment from a European lender.

Hong Kong has picked banks for the follow-up to its record-setting debut sukuk.