JP Morgan

As the European high yield market showed signs of becoming friendlier to borrowers, French car parts supplier Faurecia on Thursday sold €700m of notes to redeem a €490m unsecured bond.

Sappi Papier, the Austrian-South African paper manufacturer, sold €350m of secured notes at 4% to refinance its 2021 dollar bond, in a European high yield market that has brought forward its post-Easter pipeline of deals.

After a quiet week in which only two benchmark deals took place — including a debut euro benchmark from Finland's Municipality Finance — the sovereign, supranational and agency market is eagerly awaiting a deal from the European Stability Mechanism.

GlobalCapital announces the results of its Equity Capital Markets Awards for 2015, following our inaugural ECM Awards Dinner, in London on March 16.

Azerbaijan's Southern Gas Corridor Company has released initial price thoughts for a 10 year bond at 7% yield area. The deal size has officially been set at benchmark, but GlobalCapital understands the state-owned company is looking for a deal of around $1bn.

Bank of Communications Financial Leasing sealed a popular $1bn dua tranche offering on Tuesday, drawing a huge crowd of investors amid a lack of dollar bonds from China this year.

Cemex Holdings Philippines (CHP), an affiliate of cement giant Cemex, is looking at a potential Ps39.7bn ($851.6m) IPO as it waits for the go ahead from the country’s stock market regulator.

The Republic of Bulgaria is fully funded for 2016 and the international bond it printed earlier this week will be its only one for the year, according to deputy minister of finance Karina Karaivanova.

Shinhan Bank is looking to tie up its first tier two bond in the international market, launching an up to $500m offering on Thursday.

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.

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.

The International Finance Corporation sold on Wednesday the longest-dated Masala bond ever. The supranational also believes other issuers could be about to enter the market.