Crédit Agricole

Europe's equity capital market lost no time in hitting back after the scary start of Monday, when world markets tumbled after China's stockmarket went into freefall and Saudi Arabia and Iran's war of words became more rancorous.

Yingda International Leasing is making its debut in the Hong Kong and US dollar loan markets with a $200m dual-currency facility as it looks to increase its visibility among international lenders.

Just as European equity capital sales made a prompt start to the year today with the €1bn NN Group block trade, the equity-linked market has also wasted no time. Safran, the French aerospace and defence company, issued a €650m convertible at what a banker claimed was a record low yield.

Abengoa, the Spanish construction and renewable energy group that is in pre-insolvency proceedings, signed a €106m loan on December 24 to pay employees' December wages, but will need more cash this month to avoid a full insolvency filing.

Russian fertiliser producer EuroChem has secured a €557m club loan for a subsidiary with the support of SACE, the Italian credit export agency.

The GlobalCapital editorial team has picked what it believes to be the standout bond issues of 2015 across the financial institutions, public sector, emerging markets and corporate bond markets. We selected the trades that we think will be remembered for their success in challenging conditions, for making the best use of the demand available to them, or for having made a longer lasting impact, such as the re-opening of a market. The FIG Deals of the Year 2015 winners are presented here.

A $1.5bn refinancing for Tata Steel that went into senior syndication in early December has been funded by 17 lenders.

The GlobalCapital editorial team has picked what it believes to be the standout bond issues of 2015 across the corporate, public sector, financial institution and emerging market bond markets. Below are the Corporate Deals of the Year 2015. We selected the trades that we think will be remembered for their success in challenging conditions, for making the best use of the demand available to them, or for having made a longer lasting impact, such as the re-opening of a market. The winners are presented here.

After an eventful year for European corporate bonds, HSBC has ousted BNP Paribas as top bookrunner for European issuers, though BNPP stays top for all corporate issues in euros.

Abengoa, the engineering and renewable energy firm, woke up on Monday up to two lawsuits from share and bond holders in Spain, while lenders agreed to inject €100m so the company could meet December’s payroll.

Finnish pulp and paper maker Stora Enso has tightened margins again on its €700m revolving credit facility, this time by 20bp, after having already reduced margins on the deal by 35bp two years ago.

Tata Chemicals Europe's £140m ($216m) five year dual-tranche facility has received commitments from two banks and is set to wind up in January.