Americas

UK utility company SSE is in the market for its first private placement since its debut in 2012 and investor appetite for the firm’s paper appears as strong as before.

Latin American euro denominated issuance looks here to stay, no matter the arguments made against it by US bankers, after Colombia sold its first bond in the single currency since 2001 on Wednesday.

A broad estimate of derivative market sentiment rebounded in March, but remains well below historical average levels.

CME Group has agreed to integrate truePTS, the post-trade business that was spun off from swap execution facility trueEX in December, into its preferred global network of regulated trade repositories.

Options traders are increasingly pricing renminbi in line with G7 foreign exchange, a trend that could boost the intensity of swings in market positioning, strategists have warned.

Another blow to credibility in Brazil sent the sovereign’s bonds tumbling on Tuesday after former president, Luiz Inacio Lula da Silva looked set to accept a ministerial position in Brazil’s government just a week after prosecutors requested his arrest as part of a corruption investigation.

Markit has launched a service that allows banks to affirm over-the-counter foreign exchange trades executed by interdealer brokers.

Western Digital, the US computer data storage manufacturer, had bank meetings Wednesday in London for its $9.5bn loan package, backing its $17bn acquisition of SanDisk.

In another European healthcare M&A deal, three banks have increased their commitments in a loan which veterinary pharmaceuticals company Dechra will use for a US acquisition.

Bank of America Merrill Lynch has promoted a new head of global capital markets from its leveraged finance division.

Beverage company Femsa became the third Mexican company in a week to sell euro denominated bonds on Monday, jumping on an ECB-driven rally in credit markets to sell €1bn of seven year paper.

Proposed changes to US financial adviser rules could ban options use in retirement accounts, leaving investors exposed and quashing a growing market.