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Dogus Holding, the industrial conglomerate that owns a majority shareholding in Garanti Bank, will sign its club style syndication for $100m next week.

German travel company Tui on Tuesday cancelled the Eu2bn spin-off and IPO of its shipping subsidiary Hapag-Lloyd, claiming that market conditions meant the flotation was unlikely to get a favourable valuation.

Turkey will price a five year euro benchmark today (Friday), after mandating ABN Amro and JP Morgan for the issue early yesterday morning (Thursday).

Guarantor: UBS AG

Several weeks ago, we commented on the return of Charles Schwab to resume control of the firm which bears his name. In our view, that was a very good decision because Schwab & Co had clearly lost its way under the former chief executive, David Pottruck. Whichever way you held the firm up to the light, it was neither fish nor fowl. Schwab & Co, almost by definition, catered for the lower end of the market, targeting day traders and small retail investors who wanted only to be able to execute trades at the lowest possible price.

Ukraine's Ukreximbank will become the first east European bank to issue after the summer, pricing a debut dollar denominated bond today (Friday). Price talk in the 7.875% yield area may be tightened slightly as the book was reported as oversubscribed late yesterday (Thursday).

Deutsche Bank and ING have launched the senior phase of syndication yesterday (Friday) of the $20m syndicated trade related term loan facility for Ukrsotsbank.

Rating: Aa2/AA-/AA-

Kazakhstan's loan market has been a model of steady growth over the last 10 years. Sustained economic and political stability has encouraged lenders to the region, attracted by the healthy margins on offer. But the market continues to be dominated by bank borrowers and corporate transparency remains a problem. By Charlie Corbett

Mandated lead arrangers ABN Amro, Bank of America, Barclays Capital and Citigroup launched Bacardi's $4.4bn acquisition facility into the market on Wednesday. The loan supports Bacardi's $4.4bn acquisition of the Grey Goose vodka brand.