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Bahrain's delaying of its fiscal balance programme, which pushes a zero-deficit target by two years to 2024, is unlikely to deter investors from buying its debt, amid expectations of continued support from richer Gulf allies.
Brazilian conglomerate Novonor, its creditor banks and state-controlled oil company Petrobras are expected to take a first step to divest from petrochemical company Braskem SA in the fourth quarter, three sources with knowledge of the matter said.
Japan's next Prime Minister Fumio Kishida may have little choice but to sell more government bonds to fund his pandemic-relief package worth hundreds of billions of dollars, even if it scrapes together money left over from previous stimulus programmes.
Shares in Russian homebuilder PIK fell around 12% on Friday, after a company subsidiary sold PIK shares via a secondary public offering (SPO) that analysts said attracted strong demand.
Olaplex Holdings Inc, owned by private equity firm Advent International, priced shares in its intial public offering at $21 per share, which will begin trading on Thursday, the hair products maker said.