British department stores group Debenhams Chief Executive Rob Templeman told Reuters the company will price its 323 million pound rights issue at a modest discount, while Chinese state-owned metals firm Chinalco may revise its planned $19.5 billion investment in miner Rio Tinto before a June 14 deadline, according to two sources close to the deal we talked to.

In the U.S., American International Group (AIG) is in talks with three bidding groups for International Lease Finance Corp., but a sale is complex as the parties have to deal with the aircraft leasing unit’s mountain of debt and funding needs, Reuters heard late on Wednesday.

And in the newspapers:

* State-run Rosneft, Russia’s largest oil firm, will take over private bank Trust in exchange for writing off debts, Kommersant business daily reported.

* Indian wind turbine maker Suzlon Energy is close to raising $127 million in the form of debt from private equity firms to finance the purchase of Portuguese energy firm Martifer’s stake in Germany’s REpower Systems, the Economic Times reported.

 * China’s Ping An Insurance, which was hit by a $3.3 billion impairment loss last year on its investment in Dutch-Belgian group Fortis, said it will maintain a cautious stance on foreign investments, mainly sticking to Hong Kong stocks, the China Securities Journal cited Chairman Peter Ma as saying.