Nomura

KfW hit the sterling market on Monday with a tap of a short dated line, as the issuer’s short-end spread over Gilts reached a year high.

Hong Kong-listed Chong Hing Bank is bringing a rights issue to investors as it seeks to bolster its capital position. The lender plans to issue one rights share for every two existing shares, which will raise HK$3.71bn ($478.64m).

Stadshypotek became the second Swedish bank this year to issue a sterling floating rate covered bond, pricing its deal in line with Canadian issuers.

Metro Retail shops around $123m float — Alkem Laboratories files $200m listing — CRCC High-Tech gets IPO on track

The Indian government moved a step closer to reducing its stake in Indian Oil Corp, after mandating five banks to lead a 10% share sale that could be worth as much as Rp94.27bn ($1.5bn).

Nomura has reshuffled its structured products business by promoting John Goff to the role of head of global markets structuring, according to an internal memo seen by GlobalCapital Asia.

Nomura has cut at least 20 people from its credit trading business, according to two sources outside the bank, with the high yield business hit particularly hard.

Citigroup has hired Stephen Roti to head its global corporate equity derivatives team.

Alkem Laboratories, a drug manufacturer, has lodged its preliminary prospectus with India’s regulator for a listing that could raise some $200m. The trade will be led by two local and two international banks.

Belgian and German medical diagnostics provider Amedes brought some investors who had initially declined the €525m loan back into the fold this week as deal supply fell.

A pair of rare SSA names kept Kangaroo supply ticking over this week with taps of longer-dated deals.

Swedish Export Credit Corporation made a rare appearance at the long end of the Australia’s Kangaroo market on Wednesday.