Bank of America

From yields to maturities and covenants, most high yield market metrics are being pushed around by the impact of the European Central Bank’s asset-purchasing programme. But bankers and investors insist the situation is not getting out of hand.

Windeln.de, the German online baby products seller, dropped 19% on Wednesday on its first day of trading in Frankfurt — a bitter conclusion to an IPO process that had appeared to run smoothly until then.

Halkbank - ArcelorMittal - Yapi Kredi - Xella - Nordic Cinema

Reed Elsevier has issued a €600m 10 year bond through a US financing vehicle in an SEC-registered, New York-listed format, after considering issuing in either euros or dollars.

Caterpillar made its annual visit to the European bond market amid choppy market conditions on Wednesday, and disciplined investors secured a decent pick-up.

Votorantim Cimentos on Thursday morning opened books on the first international Brazilian deal since a Petrobras corruption scandal in November. But the euro denominated reopener struggled in a rotten primary market and was unable to move pricing.

China Merchants Bank (CMB) New York branch opened books on May 7 to a $500m three year bond, which will be the issuer's first outing in the international debt market. Bankers on the deal hope to see huge demand for China Construction Bank’s bank capital trade spill over to CMB New York's issue.

There may have been no tequila at the roadshow but investors piled into Jose Cuervo’s inaugural international bond issue on Wednesday as Mexican companies continue to enjoy heady conditions in capital markets.

As block trade bankers had predicted, the fireworks are starting again as companies emerge from blackouts. Five deals totalling €2.8bn were in the market on Wednesday night, but there were no auctions: all of them were mandated trades, leaving banks away from the action with nothing to bid on.

Windeln.de, the German online baby products seller, dropped 18% today on its first day of trading in Frankfurt – a bitter conclusion to an IPO process that had appeared to run smoothly until then.

Titanium, fluoroproducts and chemical solutions business Chemours sold $2.5bn of senior unsecured notes on Tuesday, proceeds of which will go to its parent, DuPont, in the form of a dividend.

Noble Group, a commodities supplier, has received a total of $2.25bn in commitments, including $1.5bn from the original 15 mandated lead arrangers and bookrunners. The commitments cover the amount it was seeking when it launched the deal into general on April 8.