JP Morgan

A W364.50bn ($309.64m) block has been launched in aircraft parts maker Korea Aerospace Industries, with vendor Hanwha Techwin Co looking to pare down its stake.

Bank Nederlandse Gemeenten is the solitary public sector borrower in the euro market so far this year, with a public holiday across much of Europe likely to limit issuance in the currency this week.

The GlobalCapital editorial team has picked what it believes to be the standout bond issues of 2015 across the emerging market, public sector, financial institution and corporate bond markets. Below are the EM 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.

The GlobalCapital editorial team has picked what it believes to be the standout bond issues of 2015 across the corporate, high yield, public sector, financial institution and emerging market bond markets. Below are the High Yield Deals of the Year 2015.

Citi held onto its top spot in the CEEMEA bond league tables this year and continued its grab of market share even though absolute volumes were destroyed. Meanwhile, Deutsche Bank, BNP Paribas and Goldman Sachs lost ground as Barclays, Société Générale, Unicredit and Standard Chartered Bank rose through the ranks.

Solvay, the Belgian chemical company, achieved a 95% take-up for its €1.5bn rights issue, which concluded last week, to finance its $5.5bn takeover of Cytec Industries – one of 2015’s most prominent M&A financings in the European equity capital market.

Extraordinarily low volumes of new bonds this year meant that 2015 rivalled the financial crisis of 2008-2009 for the pace of high profile CEEMEA staffing changes on syndicate and DCM. Where are they all now?

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.

A $305m three year borrowing for Tata Power's subsidiary, Khopoli Investments, has received commitments from two banks, having been in general syndication since September.

Market participants expect a large step up in senior holdco issuance early next year, putting further pressure on spreads and pushing some issuers further afield for funding.

Dentsply International, the US dental equipment maker, printed a dual tranche private placement Swiss franc note on Tuesday, as a part of its private placement funding programme.

Indian hospital chain Narayana Hrudayalaya launched bookbuilding for its Rp6.13bn ($92m) IPO on Thursday, bagging the Singapore sovereign among its anchor investors.